Riyadh: Sukuk and debt instruments listed on the Saudi capital market for 2024 recorded a growth of 20% compared to the previous year, reaching SAR663.5 billion. Saudi Arabia is focused on developing the sukuk and debt instruments market, which serves as a key financing channel, by regulating and enabling market

Riyadh: Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz held a meeting today in Riyadh with Deputy Prime Minister of the Russian Federation Alexander Novak. The two officials serve as co-chairs of the Joint Saudi-Russian Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation. According to Saudi Press Agency,

Riyadh: Flash estimates released today by the General Authority for Statistics (GASTAT) showed real Gross Domestic Product (GDP) of Saudi Arabia increased by 3.9% in Q2 of 2025 compared to Q2 of 2024. Non-oil activities recorded the highest growth at 4.7%, followed by oil activities at 3.8% and government activities

Cairo: Chief Executive Officer of the International Islamic Trade Finance Corporation (ITFC) and member of the Islamic Development Bank (IsDB) Group Eng. Adeeb Al Aama met yesterday with Egypt’s Planning, Economic Development and International Cooperation Minister Dr. Rania Al-Mashat during his visit to Egypt. The meeting focused on prospects for

Riyadh: CEO of the International Islamic Trade Finance Corporation (ITFC) and member of the Islamic Development Bank (IsDB) Group Eng. Adeeb Al Aama met yesterday with Egyptian Minister of Supply and Internal Trade Dr. Sherif Farouk, in El-Alamein City, as part of ongoing efforts to support food security and strengthen

Jeddah: The Saudi Ports Authority (Mawani) announced the addition of French container and shipping company CMA CGM’s new LRX shipping service to Jeddah Islamic Port, boosting the port’s global connectivity and operational efficiency. According to Saudi Press Agency, the LRX service links Jeddah Islamic Port with four key regional and