On Monday, a workshop on “Capacity Building for the Banking Sector” was organized by the Saudi Central Bank (SAMA) in collaboration with the Islamic Financial Services Board (IFSB) during the IFSB annual meetings. The workshop aimed to discuss the dev…
Ithmaar Bank B.S.C. (closed), a Bahrain-based Islamic bank, reported profits for the first half of the year as it announced its financial results for the six-month period ended 30 June 2023.The results show a net profit attributable to equity holders o…
The Zakat, Tax and Customs Authority (ZATCA) has thwarted an attempt to smuggle 2,242,560 Captagon pills hidden in a consignment of baklava that entered the Kingdom of Saudi Arabia through Jeddah Islamic Port.ZATCA said it coordinated with the General…
The Saudi Arabian Mining Company (Ma’aden) today issued its financial results for the second quarter of 2023, showing total revenues of SAR6.97 billion.Ma’aden’s focus on transformation underpinned by higher fertilizer production helped it secure new …