Thursday, May 30, 2024

Islamic Finance

UAE.. Launching the first Islamic digital bank

The UAE is the fourth largest market for Islamic finance in the world, with Islamic banking assets representing 23% of the total banking assets in the country, according to the Central Bank of the UAE. Roya Local Islamic Bank announced...

Islamic finance can heal Coronavirus pain

Over the last three months, the coronavirus pandemic and crisis associated with it has significantly slowed the Islamic finance economies. Islamic finance can play a vital role in navigating the economic disturbance brought by the coronavirus crisis on residents and...

Latest News

UAE residence visa: 4 health centres to stop medical fitness test services

Some UAE public health centres will stop offering medical fitness tests for residence visa applications starting June 3, authorities...

UAE to announce fuel prices for June

Fuel prices for June are expected to drop in the UAE after global oil prices mostly traded lower in May than last month. Globally, Brent...

Saudi Arabia increases the capacity of the Haramain Express train during the Hajj season

Today, Wednesday, the Kingdom of Saudi Arabia revealed...Increasing the capacity of the Haramain Express TrainDuring the Hajj season of 1445 AH. Hajj season According to the...

The Saudi Public Investment Fund focuses more on local projects

About 27% of the Public Investment Fund's assets are located outside Saudi Arabia Plan Public Investment Fund Saudi Arabia to increase annual spending to up...

Saudi Arabia issues international bonds worth $5 billion

The success of the international sukuk issuance is a positive indicator of international investors’ confidence in the Kingdom’s economy and Saudi Arabia’s strategy to...