UAE's Mubadala leads a $400 million financing round for German insurance company Wefox
Wefox, an insurance technology company founded by former emp.. Read more
Saudi Arabian Centers distributes dividends to shareholders for the second half of 2022 with a total of 356.25 million riyals
Arabian Centers Company has approved the distribution of cas.. Read more
The largest sovereign funds: "Abu Dhabi Investment Authority" advances to third place globally, with assets of $708.8 billion
The Abu Dhabi Investment Authority has advanced to the third.. Read more
Accumulated losses place Emirati companies on the "second category" screen, pending anonymity
Special Report - (Namazone): A group of companies listed.. Read more
Details 142 Saudi initiative to face the consequences of "Corona" B214 billion riyals
Special Report (Nmazzon): The government announced that.. Read more
Will gold remain a safe haven asset?
Gold has long been a source of controversy and contention am.. Read more
Global trade is expected to decline in the coming months
The economics department of Qatar National Bank (QNB) said t.. Read more
Analysis .. How will major central banks respond to the increasing cases of financial instability?
The global macroeconomic environment is experiencing some of.. Read more
The euro is below the dollar .. the lowest level in 20 years
For the first time in 20 years, the euro fell below $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
Economic News
Gulf Markets
Al-Ahly of Kuwait issues capital bonds worth 50 million dinars
Al Ahli Bank of Kuwait announced the successful issuance of a second tranche capital bond worth 50 m... Read more
Gulf Markets
Kuwaiti "Cables" wins a tender in Jordan
The Gulf Cable and Electrical Industries Company announced the award of a tender to a subsidiary of... Read more
Gulf Markets
Saudi industrial production rises 5.8% in August
The industrial production index in the Kingdom of Saudi Arabia increased by 5.8% in August, compared... Read more
Gulf Markets
Almarai's profits fall 22.5% in 9 months
The Almarai company's financial statements showed a decline in the company's profits in the first ni... Read more
Gulf Markets
654 million riyals, "advanced" profits during 9 months
The financial statements of the Advanced Petrochemical Company showed an increase in the company's p... Read more
Gulf Markets
Kuwait announces an increase in service fees.. officially
The Kuwaiti Ministry of Finance, in an official address, informed the ministries and attached author... Read more
Gulf Markets
Sumou Real Estate acquires 80% of "Al Mahafel Trading"
Smou Real Estate Company acquired 80% stake in Al Mahafel Trading and Contracting Company Ltd.... Read more
Gulf Markets
Investcorp acquires US real estate for $380 million
Middle East private equity firm Investcorp acquired 89 industrial properties in the United States on... Read more
Gulf Markets
Aramco is close to being the world's largest company by market value
Saudi Aramco is close to taking the throne of the world's largest company by market value, and disp... Read more
Gulf Markets
Five companies compete to buy a stake in Aramco's gas pipelines
Five companies have submitted first-round bids for a potential multi-billion dollar stake in Saudi... Read more
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