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At MIPIM 2025, New Murabba Strengthens Appeal to International Investors
New Murabba participated in MIPIM 2025 in Cannes to showcase its role in Saudi Arabia's Vision 2030 and attract international investment....
Ayda Salem
Mar 163 min read

The Council for Economic and Development Affairs Meets Virtually
The Council of Economic and Development Affairs held a virtual meeting to review key economic reports, discuss the Kingdom's financial...
Ayda Salem
Mar 163 min read

ITFC Takes Home the Best Deal of 2024 Award from the Islamic Finance News Awards
ITFC won two prestigious Islamic Finance News Deal of the Year awards for its $604 million financing to Egypt and $30 million Murabaha...
Ayda Salem
Mar 152 min read

11,704.93 points is the lower closing price of TASI.
The Saudi Stock Exchange Main Index (TASI) closed lower by 13.03 points, while the Saudi Parallel Market Index (NOMU) gained 410.19...
Ayda Salem
Mar 152 min read

The Real Estate General Authority is sharing its expertise in real estate regulation at MIPIM in Cannes, France.
REGA participated in MIPIM 2025 in Cannes to showcase Saudi Arabia’s real estate regulations and promote investment in the sector....
Ayda Salem
Mar 142 min read

At 11,725.88 points, the Saudi stock exchange closes higher.
The Saudi Stock Exchange's main index rose by 20.95 points, closing at 11,725.88, while the NOMU index dropped by 37.56 points. Riyadh,...
Ayda Salem
Mar 142 min read

Uzbekistan Receives $25 Million in Financing from Islamic Corporation for Private Development
The ICD provided $25 million in Islamic financing to Uzbekistan, aimed at supporting the growth of small and medium-sized enterprises and...
Ayda Salem
Mar 132 min read

By the end of January 2025, Saudi bank credit will have surpassed SAR3 trillion and grown by over SAR348 billion annually.
Saudi Arabia’s total bank credit reached a record SAR 3,005,946 million by January 2025, marking a 15% annual growth. Riyadh, March 13,...
Ayda Salem
Mar 132 min read

In charge of the Iftar and Dates Programs in Two Holy Mosques in Korea and Romania
The Ministry of Islamic Affairs launched Ramadan iftar and date distribution programs in South Korea and Romania, benefiting thousands of...
Ayda Salem
Mar 122 min read

The Saudi Stock Exchange Closes Lower
The Saudi Stock Exchange closed lower today, with the main index falling by 27.67 points and the Parallel Market Index (NOMU) dropping by...
Ayda Salem
Mar 121 min read

11,745.63 points is the lower closing value of TASI.
The Saudi Stock Exchange (TASI) closed lower by 90.89 points, while the NOMU Index also declined by 300.45 points, with a total trading...
Ayda Salem
Mar 111 min read

During CERAWeek 2025, the president of Saudi Aramco calls for a new global energy model.
Saudi Aramco CEO Amin Nasser called for a balanced energy transition strategy that integrates both traditional and renewable energy...
Ayda Salem
Mar 112 min read

By the end of 2024, the Saudi economy's liquidity will have increased by more than SAR236 billion.
Saudi Arabia’s liquidity levels grew by 9% in 2024, reaching SAR 2.921 trillion, reflecting strong economic growth and financial...
Ayda Salem
Mar 103 min read

Visitors Can See a Two-Century-Old Quran Manuscript at the Islamic Arts Biennale in Jeddah
The Islamic Arts Biennale in Jeddah showcased a unique Quranic manuscript, transcribed in 1824, that combines Arabic calligraphy with...
Ayda Salem
Mar 103 min read

DP World Expands Jeddah Islamic Port with Mawani
The Saudi Ports Authority and DP World have launched a SAR 3 billion expansion of Jeddah Islamic Port’s South Container Terminal,...
Ayda Salem
Mar 93 min read

SME Bank Introduces the Agency Model's Second Phase for 2025
SME Bank launches second phase of its “agency model” initiative with a SAR 240 million financing target to support MSMEs, enhancing...
Ayda Salem
Mar 82 min read

The Economic Contribution of Saudi Arabia's Non-Profit Sector Exceeds SAR 100 Billion
Saudi Arabia’s non-profit sector has surpassed SAR 100 billion in economic contribution, accounting for 3.3% of GDP, and is on track to...
Ayda Salem
Mar 83 min read

Ramadan Activity Rises in Eastern Region Date Markets
Date markets in Saudi Arabia’s Eastern Region are seeing a surge in sales as customers prepare for Ramadan, offering a wide variety of...
Ayda Salem
Mar 73 min read

The Saudi Stock Exchange Closes Lower
The Saudi Stock Exchange closed lower today, with the main index falling by 87.75 points and total trading reaching SAR 7 billion....
Ayda Salem
Mar 71 min read

IsDB Wins Turkey's DFI Award of the Year
The Islamic Development Bank (IsDB) was awarded the “DFI of the Year 2025” at the 9th Istanbul PPP Week for its contributions to...
Ayda Salem
Mar 62 min read

Direct flights from Stuttgart to Jeddah are now available through the Saudi Air Connectivity Program.
The Saudi Air Connectivity Program announced the launch of direct flights from Stuttgart to Jeddah in the second half of 2025 to boost...
Ayda Salem
Mar 62 min read

Tarshid Starts Qassim University's Solar PV Project
Tarshid and Qassim University launched a solar panel project to generate 5,137 kW of power, saving 8.6 million kWh annually and...
Ayda Salem
Mar 52 min read

With 11,931 points, TASI closes lower.
The Saudi Stock Exchange's TASI and NOMU indices both closed lower, with TASI dropping 192.11 points and NOMU falling by 161.93 points on...
Ayda Salem
Mar 52 min read

PIF and Goldman Sachs Asset Management Sign Memorandum of Understanding to Collaborate on Investment in the GCC and Saudi Arabia
PIF and Goldman Sachs Asset Management signed a non-binding MoU to launch private credit and public equity strategies, attracting...
Ayda Salem
Mar 43 min read
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