Category: Finance

NDMC Completes May 2025 Issuance Under Saudi Sukuk Program

Riyadh: The National Debt Management Center (NDMC) announced the closure of the May 2025 issuance under the Saudi Arabian Government SAR-Denominated Sukuk Program. The total amount allocated was set at SAR4.081 billion (Four billion and eighty-one mil…

Kingdom Participates in 14th Sarajevo Business Forum

Sarajevo: The Kingdom of Saudi Arabia participated today in the 14th Sarajevo Business Forum, which brought together senior officials from both the public and private sectors, as well as global business leaders.

According to Saudi Press Agency, duri…

Minister of Economy and Planning Meets Qatar Minister of Finance

Doha: Minister of Economy and Planning Faisal Alibrahim met with Qatari Minister of Finance Ali Al Kuwari on the sidelines of the Qatar Economic Forum. The meeting focused on discussions aimed at strengthening economic cooperation between the two coun…

IsDB and Islamic Relief USA Forge Partnership to Support Refugees

Algiers: The Islamic Development Bank (IsDB), acting as the trustee of the Global Islamic Fund for Refugees (GIFR), has signed a significant contribution agreement with Islamic Relief USA. The agreement aims to further GIFR’s mission of delivering sus…

Saudi-Spanish Joint Commission Launches Fourth Session in Riyadh

Riyadh: The fourth session of the Saudi-Spanish Joint Commission is set to begin Wednesday in Riyadh, with two days of meetings scheduled from May 21 to 22. The session will be co-chaired by Saudi Minister of Economy and Planning Faisal Alibrahim and …