Jeddah
Africa Needs $87bn Annually To Adapt to Climate Change: UN Official
Islamic Finance - Published date: .
RIYADH: Africa needs $87 billion annually to implement programs enhancing the continent’s adaptation to climate chang... Read more
Brazil Presidents Saudi Visit Shows Desire For Stronger Ties
Islamic Finance - Published date: .
SAO PAULO: The visit of Brazil’s president to Riyadh on Nov. 28-29 with a delegation of ministers and businesspeople s... Read more
Saudi Arabia Extends 1 Million Bpd Voluntary Cuts Until Q1 2024
Islamic Finance - Published date: .
RIYADH: Saudi Arabia on Tuesday decided to extend its voluntary crude output cuts of 1 million barrels per day until the... Read more
Saudi Aramco Sets LPG Contract Prices For December
Islamic Finance - Published date: .
RIYADH: The Saudi Arabian Oil Co., also known as Saudi Aramco, kept the official selling prices for liquefied petroleum ... Read more
Closing Bell: Saudi Main Index Rises To Close At 11,177
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 74.43 points, or 0.67 percent, to close at 1... Read more
Saudi Arabia Railways, Al-Jabr Enter 4-year Vehicle Transport Deal
Islamic Finance - Published date: .
RIYADH: Saudi Arabia Railways and Al-Jabr Automotive have collaborated to transport thousands of vehicles annually by tr... Read more
Business & Philanthropy Forum To Highlight Inclusive Approach For Equitable Climate Solutions
Islamic Finance - Published date: .
DUBAI: As global leaders converge on Dubai to attend the UN COP28 to discuss ways to mitigate the effects of climate cha... Read more
Saudi Arabia Studies Graphite, Rare Earths Trading Platform — Minister
Islamic Finance - Published date: .
LONDON: Saudi Arabia is exploring the potential launch of a new commodity trading platform for battery materials, includ... Read more
Dubai Taxi Co. Sees Tremendous Demand Worth $41bn For Oversubscribed Offering
Islamic Finance - Published date: .
RIYADH: Dubai Taxi Co. hit a record high for its 1.2 billion dirhams ($315 million) initial public offering, with orders... Read more
Chinas Factories Fall Deeper Into Contraction, More Policy Support Expected
Islamic Finance - Published date: .
BEIJING: China’s manufacturing activity shrank for a second straight month in November and at a quicker pace, suggesti... Read more
Expo 2025 Host Osaka Congratulates Riyadhs Expo 2030 Win
Islamic Finance - Published date: .
TOKYO: Osaka Gov. Yoshimura Hirofumi congratulated Saudi Arabia after Riyadh was named the venue for Expo 2030. “As ... Read more
Turkiyes Central Bank Raises Interest Rate To 40% To Tame Rising Inflation
Islamic Finance - Published date: .
RIYADH: For the 6th consecutive time, Turkiye’s central bank has raised the one-week repo rate to 40 percent, signalin... Read more
Koreas CJ Logistics Partners With Nesma To Widen Footprint In The Middle East
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s logistics sector is set to undergo positive transformations thanks to a new agreement between ... Read more
UN Chief, El-Sisi Call For multilateral Development Banks Reform
Islamic Finance - Published date: .
RIYADH: Multilateral development banks need urgent reform to help meet the financial needs of developing countries, the... Read more
Closing Bell: Tadawul Slips Slightly To Close At 11,078
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index shed 21.90 points or 0.20 percent on Thursday to close at 11,078.08. ... Read more
UAEs Masdar And Emirates Steel Arkan Partner To Decarbonize Hard-to-abate Steel Sector
Islamic Finance - Published date: .
RIYADH: The UAE’s hard-to-abate steel sector is on course to witness accelerated decarbonization efforts thanks to a n... Read more
Dubai Financial Market To Launch Carbon Credits Trading Platform At COP28
Islamic Finance - Published date: .
RIYADH: New businesses and environmentally conscious companies stand to benefit from a new carbon credits mechanism set ... Read more
IEA Forecasts 75% Drop In Global Oil And Gas Demand Needed By 2050 To Meet 1.5°C Target
Islamic Finance - Published date: .
RIYADH: Global demand for oil and gas needs to decline by over 75 percent by 2050 to limit global warming to 1.5 degree... Read more
Dubai Attracts 92 New Businesses In First 9 Months Of 2023
Islamic Finance - Published date: .
RIYADH: Dubai witnessed 92 businesses relocate to the emirate in the first nine months of 2023 in a boost to its glob... Read more
UAE Top Banks Witness Strong Profitability Q3: Alvarez & Marsal
Islamic Finance - Published date: .
RIYADH: The UAE’s top banks witnessed strong profitability in the third quarter of this year, primarily propelled by a... Read more