Business Blog

A small house of 42sqm in the expat-dominated working class locality of Najma was sold for QAR2.8m (QAR66,660 per sqm) last week, real estate transactions show.

The Islamic Development Bank (IDB) on Tuesday announced loans worth USD 752 million (SAR 2.82 billion) to finance development projects in Egypt.

Over the past two years, issuance of sukuk in Saudi Arabia has ballooned because of increased liquidity, comparatively low borrowing costs and firms' desire to diversify their funding sources beyond bank loans.

The Islamic Development Bank (IDB) is committed to going ahead with its projects in member states affected by conflicts, said its President Ahmed Mohammed Ali.He made these remarks at a press conference in Jeddah, attended by Finance Minister Ibrahim Al-Assaf.

The Sunni Muslim extremist group ISIS has its own line of products for sale online.

Should humans fear the intelligent robots of the future?