In March, Saudi Arabia Issued $704 Million Worth of Sukuk
RIYADH: To speed up its economic diversification efforts, Saudi Arabia issued sukuk in March, raising SR2.64 billion ($704 million). The...
Saudi Arabia Denounces the Somali President’s Attempted Assassination
RIYADH: On Wednesday, Saudi Arabia denounced an incident that targeted Somali President Hassan Sheikh Mohamud’s motorcade. Shortly...
An International UN Official is Killed and Five Others are Injured in a Gaza Strike
GAZA: According to the UN, an attack in the Gaza Strip claimed the life of an international staffer and injured five more. Although he...
Forbes’ 2025 List of the Most Valuable Banks in MENA is Dominated by Saudi Arabia
RIYADH: With ten entries with a total market worth of $269 billion, Saudi Arabia topped Forbes’ list of the “30 Most Valuable...
India and Egypt Reiterate Their $12 Billion Trade Target During a Ministerial Conference
RIYADH: In a joint summit last year, Egypt and India reaffirmed their resolve to doubling bilateral trade from $4.2 billion in 2024 to $12...
Amid Changes in The Economy, GCC Banks are Expected to Grow in 2025
RIYADH: The Gulf Cooperation Council’s banking industry is expected to grow rapidly in 2025 thanks to initiatives to diversify the...
Aleppo International Airport in Syria Reopens For Both Domestic and International Travel
The nation’s second major hub reopened for air activity on Tuesday, as the first passenger flight from Damascus touched down. LONDON:...
How Saudi Banks Combat Liquidity Challenges Through Effective Risk Management
Due to growing reliance on external borrowing and fiercer competition for deposits, banks were able to retain profitability in spite of...
24,500 Sacked Employees are Being Reinstated by The Trump Administration Per a Court Decision
Washington: For the first time, the Trump administration admitted in court documents that it had let go of almost 25,000 newly hired...
At Al-Sirrain, a Saudi-Chinese Team Finds Ancient Artifacts
RIYADH: The third season of the archaeological excavation at the Al-Sirrain site in the Makkah region of the Al-Lith governorate has been...