Saudi Arabia Embraces $44 Billion Modest Fashion Market Globally
Saudi Arabia will host its first ever Arab Fashion Week in Riyadh this March, signalling its willingness to tap into the $44 billion modest fashion …
Middle East
Saudi Food Imports Surging Due to Changing Consumption Patterns
DUBAI — A major shift in the food buying preferences of Saudi consumers is unlocking huge two-way trade opportunities in the Kingdom, according to a …
UAE Startups Lead GCC Countries
UAE startups secured Dh1.47 billion, or 84 per cent, out of Dh1.74 billion raised by regional players last year
The UAE continued to dominate the …
Saudi Arabia In Danger Of Losing The World`s Top Producer Of Oil
For the first time since 1975, the United States is poised to surpass Saudi Arabia and Russia as the world’s leading producer of crude …
VAT Takes Effect In UAE, Saudi Arabia
The introduction of a Value Added Tax (VAT) regime in the UAE marks the beginning of a new era in the history of the UAE economy where the general …
Iran, Qatar Target Maritime Trade Ties
Q atar has stressed the importance of facilitating maritime trade with Iran.
This was underlined by Qatari Minister of Transportation and …
Bank Dhofar of Oman Conducts Training Session On Islamic Banking
Muscat: With the aim of enhancing its employees understanding to Sharia related matters and to provide a greater insight into Islamic finance topics, …
Growth Drivers Of Islamic Finance Trade Between Asia And The Middle East
Speaking at a conference in Singapore, Jacqueline Loh, Deputy Managing Director of the Monetary Authority of Singapore listed a number of key trends …
Saudi Fashion Goes Global
LONDON: The rising stars of Saudi fashion may soon have more reasons to strut their stuff at home as much as abroad.
The Arab Fashion Council’s plans …
Islamic Banking Gains Significant Market Share in Oman
Dubai: Islamic banking in Oman is growing at a faster rate than conventional banking segment, with Islamic banking assets up more than 62 per cent …
Clifford Chance Advises Oman on Sukuk Issuance
International law firm Clifford Chance has advised the Government of the Sultanate of Oman on its return to the international debt capital markets …
Qatar Has Ninth-Strongest Islamic Finance Industry
The state of Qatar ranks ninth this year on the annually published Islamic Finance Country Index, showing considerable strength of its Islamic …
Salma Humanitarian Programme Dubai Launches Ramadan Drive
DUBAI: The Salma Humanitarian Relief Programme, an initiative of the Dubai Islamic Economy Development Centre (Died) executed by Awqaf and Minors …
Islamic Banks’ Growth in Saudi Arabia to Continue Unabated
JEDDAH — S&P Global Ratings forecast oil prices will stabilize at $50 per barrel in 2017 and 2018, with unweighted average GDP growth in the six …
Meethaq Bank, Oman Posts Q1 results
Meethaq Islamic financing receivables rose to OMR 902 million of 31 March 2017 compared to OMR 665 million in the same period of 2016. Islamic banking …
Heya Arabian Fashion Exhibition Showcases Coveted Collections
JEDDAH — Recognized as a creative celebration of contemporary modest fashion, Heya Arabian Fashion Exhibition, embraces the rise of the modest fashion …
Saudi Arabia Sets Islamic Finance Benchmark with Record US$9bn Sukuk
After wowing the markets with its landmark US$17.5bn sovereign bond, the KSA repeated the trick on the Islamic finance side, issuing the largest sukuk …
Is Dominance of Sukuk Issuance Shifting to Saudi Arabia?
WHAT is the total volume of foreign currency sukuk issued in Saudi Arabia and Malaysia in Q1 2017? The figure for Saudi Arabia, my research shows, is …
Saudis Pick Dublin for Record Islamic Finance Bond Deal
Saudi Arabia listed its biggest ever sharia-compliant bond, known as a sukuk, on the Irish Stock Exchange yesterday, cementing Dublin’s …
New Rules for Zakat, Tax Collection OK’d In Saudi Arabia
Riyadh: — The Council of Ministers on Monday approved new regulations to enable the General Authority of Zakat and Tax to carry out its main task of …
Eaglexpress To Export Halal Foods To Saudi Arabia
Eaglexpress, an airline that is dedicated to Haj and Umrah, may complement Malaysia’s ambitions of becoming a net exporter of Halal food.
The …
One Woman’s Plan to Take the New Nike Hijab Up To Everest
The performance head scarf will be worn by Muslim athletes around the world, but it’s also an essential piece of gear for one mountaineer
Over …
SIASAT’S ‘ISLAMIC CALLIGRAPHY EXHIBITION’ TO START ON 30TH MARCH IN JEDDAH
Jeddah: Siasat Art Gallery is going to organize Islamic Calligraphy Exhibition in the Kingdom of Saudi Arabia from 30th March to 1st, April 2017 under …
Halal Expo 2017 In Dubai Successfully Draws To A Close
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