The two largest listed commercial banks in Saudi Arabia posted record profits for the first half of 2025, driven by an increase in borrowing across the kingdom. Saudi National Bank (SNB), the …
Navigating Pakistan’s debt quagmire through Islamic finance
Waqf stands as a shining cornerstone of Islamic finance, with its landscape in numerous countries. From the oil-rich nations of Qatar and Saudi Arabia to the vibrant economies of Malaysia and …
Discover Bahrain’s Golden Visa: Eligibility, Benefits, and Application Process
Unlike the UAE’s Golden Visa and Saudi Arabia’s Premium Residency, Bahrain’s offering stands out for its flexibility and cost-effectiveness.
Air Arabia-led consortium wins bid to launch new low-cost airline in Saudi Arabia
The airline, which draws on Air Arabia’s regional low-cost operating model, aims to deliver reliable and value-driven travel for passengers …
Air Arabia-led consortium wins bid to launch new low-cost airline in Saudi Arabia
The airline, which draws on Air Arabia’s regional low-cost operating model, aims to deliver reliable and value-driven travel for passengers …
Air Arabia announces new low-cost airline, plans a 45-aircraft fleet by 2030. Check details
UAE-based airline Air Arabia announced on Sunday, 20 July 2025, that it has received approval from Saudi Arabia to establish a new low-cost carrier. The company aims to have a 45-aircraft fleet by …
‘Sleeping Prince’ of Saudi Arabia passes away at 36 after spending 20 years in coma
Prince Al Waleed bin Khaled bin Talal Al Saud suffered severe brain injuries and internal bleeding in a tragic road accident at the age of 15 while studying at a military college in the UK …
Hilton to launch first Tapestry Collection in Saudi Arabia
The 221-key hotel in Madinah will offer direct access to Al Masjid Al Nabawi and key transport links. Hilton to launch first Tapestry Collection in Saudi Arabia. diyar ajwa, hilton, tapestry …
Indrawati, Saudi minister hold follow-up talks on Hajj services
Finance Minister Sri Mulyani Indrawati met with her Saudi Arabian counterpart, Mohammed Al-Jadaan, to follow up on an earlier discussion on Hajj and Umrah …
Saudi Arabia reckons with its costly megaprojects as $500 billion ‘The Line’ is reviewed
The move by Saudi Arabia to review one of its megaprojects comes amid global scrutiny of its ambitious infrastructure agenda.