The Endowment and Minors’ Trust Foundation in Dubai (Awqaf Dubai) announced that the total value of endowment assets in Dubai reached AED13.5 billion in...
Saudi Aramco reported a decline in full-year 2025 net profit mainly due to lower prices of crude oil and chemical products.
The company, which supplies...
Abdul Rahman Al Owais, Chairman of the Board of Directors of Sharjah Islamic Bank (SIB), chaired the Bank’s Annual General Assembly meeting, which was...
Surging crude prices test central bank plans and household budgets worldwideDubai: A sharp spike in oil prices following escalating hostilities involving Iran is complicating...
RIYADH: Saudi Arabia’s point-of-sale spending rose 4.5 percent to SR14.5 billion ($3.8 billion) in the week ending Feb. 28, even as the number of transactions declined.
According to the latest data from...