featured

Reading Time < 1 minute

The global Islamic fintech market is set to reach $341bn by 2029, growing 11.5% annually, led by strong GCC momentum. Saudi Arabia, the UAE, Kuwait and Qatar rank among the top markets, with Saudi Arabia projected to hit $120.9bn by 2029.

Clock24/02/2026

Mashreq bank raised $500 million through a five-year bond, attracting orders exceeding $925 million.

Saudi Arabia’s Business Confidence Index rose to 56.7 points in August 2026, supported by stronger optimism across the industry and services sectors.

Investors are bracing for a bumpier fall stock market due to shifting odds of a Federal Reserve interest-rate increase and other macro challenges.

Reading Time < 1 minute

Saudi Arabia’s Arab National Bank has raised $750 million through an AT1 sukuk priced at a 6.50% yield, with orders exceeding $3 billion.

Clock03/09/2026
Latest news
Money
Beyon Money Business Launches with Digital Financial Solutions and Innovative Investment Opportunities
29/08/2024
Money
Fortinet Strengthens OT Security Platform to address Growing Cyber Risks in Critical Infrastructure
29/08/2024
Money
Saudi Arabia’s Inflation Eases to 1.7% Amid Strong Non-Oil Sector Growth
28/08/2024
Money
Klumi Ventures and Fuze Unite to Drive the Web3 and Digital Assets in the Middle East
28/08/2024
Money
GCC Banks Achieve Record High Net Income in Q2-2024
28/08/2024
Money
Sheikh Mohammed bin Rashid Highlights UAE’s Remarkable Non-Oil Trade Growth
27/08/2024
Money
Saudi Arabia’s Trade Surplus Hits SR98.36 Billion in Q2 2024
27/08/2024
Money
Saudi Arabia’s Cybersecurity Sector Contributes SR15.6 Billion to GDP in 2023
26/08/2024
Money
ITIDA and CARITech Partner to Boost Banking Tech Solutions and IT Skills Development
26/08/2024
Money
Weyay Bank Introduces Multicurrency Prepaid Card for Seamless International Transactions
26/08/2024
Load more