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UAE Revenues, Expenditures Decline During Q1 2023
Islamic Finance - Published date: .
RIYADH: The UAE’s government’s revenues and expenditures both saw downturns in the first quarter of 2023, with the t... Read more
SAMA Grants Permit To BNPL Platform Tabby
Islamic Finance - Published date: .
RIYADH: Reflecting its endeavor in supporting the fintech sector, the Saudi Central Bank has given the buy-now-pay-later... Read more
Qatars Free Zones Authority Joins With Development Bank To enhance Investment Climate
Islamic Finance - Published date: .
RIYADH: In a joint initiative aimed at enhancing the investment climate in Qatar, the country’s two leading insti... Read more
Saudi Arabia Closes July Sukuk Issuance At $700m
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s National Debt Management Center has closed its riyal-denominated sukuk program issuance for J... Read more
Saudi Leaders Are Almost 3 Times more Likely To Innovate during A Recession: Dell Technologies
Islamic Finance - Published date: .
RIYADH: At a time of recession, Saudi leaders and adopters are 2.8 times more likely to accelerate innovation efforts, a... Read more
Dubai Inflation Rate Eases To 2% In June, Its Lowest Level Since Jan 2022
Islamic Finance - Published date: .
RIYADH: Pulled back by decelerating food and transportation prices, Dubai’s inflation rate eased to 2.05 percent in J... Read more
Closing Bell: TASI Maintains Upward Trajectory For 2nd Consecutive Day
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward trend for the second consecutive day, climbing 80.... Read more
Saudi Dairy Giant NADEC Signs Deal With Yadoum To Produce Fertilizer From Biowaste
Islamic Finance - Published date: .
RIYADH: In a bid to protect the environment, Saudi dairy giant National Agricultural Development Co. signed a deal with ... Read more
Saudi Arabia Jumps 8 Spots On global Shipping Ranking By Lloyds List
Islamic Finance - Published date: .
RIYADH: Saudi Arabia has jumped eight spots to claim 16th position in the international ranking for container handli... Read more
Saudi Arabia And Turkiye Sign Energy Cooperation Agreement
Islamic Finance - Published date: .
RIYADH: Saudi Arabia and Turkiye have signed an energy agreement aimed at boosting cooperation in oil and gas production... Read more
Almarai Begins Issuance Of US Dollar-denominated Trust Certificates
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s diary giant Almarai on Tuesday commenced the offer of US dollar-denominated trust certificates ... Read more
Saudi Aramco CEO Joins Board Of Directors At BlackRock
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s corporate leadership is reinforcing its position in international boardrooms, with Amin Nasser,... Read more
ADNOC To Roll Out Mideasts First High-speed Hydrogen Refueling Station
Islamic Finance - Published date: .
RIYADH: The UAE’s National Hydrogen Strategy received a renewed push as the state-owned Abu Dhabi National Oil Co. beg... Read more
Saudi Startups Top MENA Region In Raising Funds In H1, Collects $446m
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s focus on encouraging entrepreneurship has paid off as startups in the Kingdom raised $446 milli... Read more
Egypts Sovereign Fund Enters Top 50 Global Wealth List: SWFI
Islamic Finance - Published date: .
RIYADH: Egypt’s state wealth fund has attained 47th position in the top 100 largest sovereign funds by tot... Read more
Closing Bell: Saudi Main Index Slips Slightly To Close At 11,768
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index dipped slightly by 11.56 points, or 0.10 percent, on Tuesday, to close ... Read more
Saudi Banks Set To Perform Well Despite Tighter Liquidity: Fitch
Islamic Finance - Published date: .
RIYADH: Despite tighter liquidity, banks in Saudi Arabia are expected to perform well this year thanks to a favorable op... Read more
Bahrains Economy Grows In Q1 As Non-oil Sector Rises 3.5%
Islamic Finance - Published date: .
RIYADH: Bahrain posted a real gross domestic product growth rate of 2 percent in the first quarter of 2023, fueled by a ... Read more
Maaden Makes Its Largest Ever Debt Repayment Of $800m
Islamic Finance - Published date: .
RIYADH: A debt of SR3 billion ($800 million) was repaid by Saudi Arabian Mining Co., also known as Ma’aden, in what wa... Read more
King Abdulaziz Port Welcomes Its First LNG-powered Cargo Vessel
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s King Abdulaziz Port has received its first cargo ship powered by eco-friendly liquified natural... Read more
