Tag Archives: Saudi Arabia

The Islamic banking assets at commercial banks in the GCC are likely to surge to more than $515 billion by the end of 2013 from $452 billion last year led by the regional giant Saudi Arabia, according to a report. ...

Muslim consumer expenditure globally on food and lifestyle sectors, estimated at $1.62 trillion in 2012, is expected to reach $2.47 trillion by 2018, a report said. This forms the potential core market for halal food and lifestyle sectors, said The ...

By Frank Kane, The National The global Islamic economy has a potential value of US$6.7 trillion, bigger than the economies of every country in the world except China and the United States, says a new report published yesterday. The study, ...

By Michelle Russell, Just Food United Biscuits has signed a deal to acquire a majority stake in Saudi snacks business Rana Confectionery Products. The deal, the UK snacks firm says, will allow it to grow and establish a strong position ...

First-ever barometer for the development of the Islamic Finance industry. Initial findings show Saudi Arabia receiving strong scores in most areas The Kingdom leads in terms of Islamic finance assets and education, but lags behind in governance Dubai, UAE – ...