Bahrain, the UAE and Saudi Arabia all feature in top 5 of the annual Islamic Finance Development Indicator Bahrain, the UAE and Saudi Arabia have ranked in the world’s top five Islamic finance …
World Bank Says Managers Pressured Staff to Alter Global Business Rankings
Manipulated data in its flagship report on nation’s business climates led China and Saudi Arabia to gain ground, the bank said after an internal audit sparked by employee concerns.
Trump spoke with Saudi Arabia’s King Salman about regional security -White House statement
President Donald Trump spoke with King Salman bin Abdulaziz Al Saud of Saudi Arabia on Thursday, discussing regional security issues, according to a statement from the White House.
Could Saudi Arabia Really Be Your Next Christmas Holiday Destination?
Even without this year’s Covid restrictions, it would be hard to imagine travelling to Saudi Arabia for a luxury vacation, let alone to one at a marine conservation eco-resort.
Gulf Arab summit to be held on Jan. 5, says Kuwait minister
An annual Gulf Arab summit, usually held in December, will be hosted by Saudi Arabia on Jan. 5, Kuwait’s foreign minister said on Thursday in remarks published on the ministry website. Sources …
UPDATE 1-Pakistan returns $1 bln of Saudi Arabia’s soft loan, officials say
Pakistan has returned $1 billion to Saudi Arabia as a second instalment of a $3 billion soft loan, as Islamabad reaches out to Beijing for a commercial loan to help it offset pressure to repay another …
Pakistan refunds $1 billion of Saudi Arabia loan
“China has come to our rescue,” a foreign ministry official told Reuters. READ MORE: Another setback for Pakistan’s faltering Kashmir stance China fills the gap A finance ministry official said …
Gulf Countries to Meet in January, with Qatar Rift in the Spotlight
Kuwait on Thursday announced the Gulf Cooperation Council (GCC) will meet January 5 in Saudi Arabia, which has expressed its willingness to resolve a years-long regional rift with Qatar. Regional …
Kuwait Says Gulf Arab Summit to Be Held Jan. 5 in Saudi Arabia
The next Gulf Arab summit will be held in Saudi Arabia on Jan. 5, Kuwait’s foreign minister said in a statement Thursday. Officials of the six-member Gulf Cooperation Council meet regularly but the …
Bahrain, UAE and Saudi ranked among world’s top five Islamic finance economies
Bahrain, the UAE and Saudi Arabia are ranked among the world’s top five Islamic finance economies in 2020 by the Islamic Finance Development Indicator (IFDI). Bahrain, which has led MENA in all eight …