Fitch-rated sukuk surpasses $210bn as market expands 16%
The value of sukuk rated by Fitch Ratings exceeded $210 billion in the first half of 2025, marking a 16 percent increase from a year…
Category: MENA
King Abdulaziz Foundation for Research and Archives to Host Forum on History of Hajj, Two Holy Mosques
The King Abdulaziz Foundation for Research and Archives (Darah) is preparing to host an international forum highlighting the history of Hajj and the Two Holy…
Saudi Banking Sector Posts Highest Quarterly Profits in Its History
Saudi Arabia’s banking sector has achieved record-breaking quarterly earnings, reporting its highest-ever profits during the second quarter of 2025. According to financial disclosures, profits surged…
Formula E Partnership with Saudi Arabia
Formula E’s partnership with Saudi Arabia and the Kingdom’s Public Investment Fund (PIF) is emerging as a global benchmark for redefining the future of sustainable…
Saudi Arabia Aims to Cement Role as Aviation Hub Boeing
Saudi Arabia is rapidly establishing itself as a leading regional hub in the global aviation industry, propelled by record passenger growth, historic aircraft orders, and…
Five Benefits of New Foreign Property Ownership Law in Saudi Arabia
A newly updated property ownership law approved by Saudi Arabia’s cabinet earlier this month is expected to deliver five major benefits to the Kingdom’s real…
Türkiye to Start Providing Syria with Natural Gas on Aug 2
Türkiye will start providing Syria with natural gas from August 2, Energy Minister Alparslan Bayraktar told state-owned Anadolu news agency on Wednesday, adding Azerbaijan would…
Moody’s Raises Türkiye’s Rating Improved Monetary Policy Low Inflation
Moody’s Investors Service on Friday raised Türkiye’s long-term debt rating one notch, from B1 to Ba3, citing an improved track record in monetary policy, easing…
Qatar Threatened to Cut Gas Supplies to Europe
Qatar has threatened to cut gas supplies to the European Union in response to the bloc’s due diligence law on forced labour and environmental damage,…