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Global Markets – Oil Jumps As US, UK Strike Houthis In Yemen, Shares Subdued
Islamic Finance - Published date: .
SYDNEY: Asian shares were subdued on Friday as the escalating conflict in the Red Sea region sent oil prices surging, wh... Read more
Saudi Investment Ministry Signs Deal With UK Firm To Capitalize On Kingdoms Natural Resources
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s investment ministry on Thursday signed an agreement with UK-based Power Metal Resources it said... Read more
UAE, Costa Rica Agree Terms On A Comprehensive Economic Partnership Agreement
Islamic Finance - Published date: .
ABU DHABI: The UAE Minister of State for Foreign Trade Dr. Thani bin Ahmed Al-Zeyoudi and his Costa Rican counterpart Ma... Read more
Riyadh, Amman Sign Deal To Boost Cooperation In Energy Sector
Islamic Finance - Published date: .
RIYADH: Saudi Arabia and Jordan on Thursday signed an agreement to increase cooperation in the energy sector. The deal... Read more
Saudi Arabia Signs MoU With Brazils Vale For Iron Ore Project
Islamic Finance - Published date: .
RIYADH: The Royal Commission for Jubail and Yanbu on Thursday signed a memorandum of understanding with Brazilian mining... Read more
Maaden Achieves Global Recognition For Ultra-low Carbon Ammonia Production
Islamic Finance - Published date: .
RIYADH: Saudi Arabian Mining Co. has secured international recognition with a certificate for producing 614,000 tons of ... Read more
Sustainable Future For Mining Industry Requires Value Chain Integration, Experts Say
Islamic Finance - Published date: .
RIYADH: A sustainable future for the value chain within the mining industry hinges on an integrated system that involves... Read more
Saudi Arabia, Canada Agree To Re-exchange Trade Delegations
Islamic Finance - Published date: .
RIYADH: Saudi Arabia and Canada have agreed to re-exchange trade delegations after it was suspended for five years. ... Read more
AI Will Help Find High-potential Mining Targets In Worlds First Geoscience Data Analytics Center
Islamic Finance - Published date: .
RIYADH: Saudi Arabia is set for a groundbreaking technological venture in the mining sector with the launch of the Geosc... Read more
Al-Habtoor Group Initiates Legal Action Against Lebanon Over Investment Treaty Breaches
Islamic Finance - Published date: .
RIYADH: Business conglomerate Al-Habtoor Group has issued a formal notice against Lebanon for violating its bilater... Read more
Oil Updates – Prices Higher On Fed Comments On Inflation, Middle East Tensions
Islamic Finance - Published date: .
LONDON: Oil prices gained on Friday, after minutes from a Federal Reserve meeting suggested inflation was under control... Read more
Global Markets – Stocks Set To Snap 9-week Winning Streak On Interest Rate Rethink
Islamic Finance - Published date: .
LONDON/TOKYO: Global equities were on course to snap a nine-week winning streak, government bonds sold off, and the doll... Read more
World Food Price Index Ends 2023 Some 10 Percent Below 2022 Levels
Islamic Finance - Published date: .
LONDON: The UN food agency’s world price index ended last year about 10 percent below its 2022, with values in Decembe... Read more
Saudi Arabia Issued 130 Industrial Licenses In November 2023
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Ministry of Industry and Mineral Resources issued 130 industrial licenses in November 2023, com... Read more
Saudi Health Insurance Sector Eyes 25m Beneficiaries By 2030: Report
Islamic Finance - Published date: .
RIYADH: Health insurance companies in Saudi Arabia are looking to extend their coverage to 25 million beneficiaries by 2... Read more
Closing Bell: Saudi Main Index Rises To Close At 12,145
Islamic Finance - Published date: .
RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 216.56 points, or 1.82 percent, to close at 1... Read more
Abu Dhabi Unveils MEAs First Processing Facility For Enzyme-based Fuel Additives
Islamic Finance - Published date: .
RIYADH: Abu Dhabi has unveiled the first advanced facility in the Middle East and Africa for treating fuel additives, ai... Read more
Shipping Volume In Suez Canal Drops 28% after Disruptions
Islamic Finance - Published date: .
RIYADH: Shipping volume in the Suez Canal dropped 28 percent year on year in the 10 days ending Jan. 2, official data ha... Read more
Saudi Arabia Gives Green Light To 2024 Annual Borrowing Plan
Islamic Finance - Published date: .
RIYADH: The Saudi finance minister has officially approved the Kingdom’s annual borrowing plan for 2024, covering vari... Read more
Saudi Companies Brace For Increased Energy Bills As Aramco Raises Prices
Islamic Finance - Published date: .
RIYADH: Several companies in Saudi Arabia announced expectations of higher energy bills following Aramco raising its pr... Read more