Riyadh: Afaq Capital, licensed by the Capital Market Authority, has acquired a venture capital portfolio in a deal structured and completed with Cotyledon for Management Consultancy. This transaction marks the region’s first full exit of a venture cap…
Riyadh: Flash estimates released today by the General Authority for Statistics (GASTAT) showed real Gross Domestic Product (GDP) of Saudi Arabia increased by 3.9% in Q2 of 2025 compared to Q2 of 2024. Non-oil activities recorded the highest growth at …
Cairo: Chief Executive Officer of the International Islamic Trade Finance Corporation (ITFC) and member of the Islamic Development Bank (IsDB) Group Eng. Adeeb Al Aama met yesterday with Egypt’s Planning, Economic Development and International Coopera…
Riyadh: Sukuk and debt instruments listed on the Saudi capital market for 2024 recorded a growth of 20% compared to the previous year, reaching SAR663.5 billion. Saudi Arabia is focused on developing the sukuk and debt instruments market, which serves…
Riyadh: CEO of the International Islamic Trade Finance Corporation (ITFC) and member of the Islamic Development Bank (IsDB) Group Eng. Adeeb Al Aama met yesterday with Egyptian Minister of Supply and Internal Trade Dr. Sherif Farouk, in El-Alamein Cit…
Riyadh: Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz held a meeting today in Riyadh with Deputy Prime Minister of the Russian Federation Alexander Novak. The two officials serve as co-chairs of the Joint Saudi-Russian Intergovernmental…