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
12 days of Eid al-Adha holiday in Saudi Arabia
The Kingdom of Saudi Arabia has set the Eid al-Adha holiday for the public sector, starting from the... Read more
Gulf Markets
Al Hokair's general assembly approves capital reduction and then increase
The shareholders of the Abdul Mohsin Al Hokair Group Company have agreed to the company's capital... Read more
Gulf Markets
Savola acquires Bayara Holdings
Savola Food Company, a subsidiary of the Savola Group, has signed a binding share purchase agreem... Read more
Gulf Markets
Aslak increased its profits by 15.6% in the second quarter
The Union Wire Factories Company (Aslak) achieved a 15.57% increase in net profits for the second... Read more
Gulf Markets
Zain Saudi Arabia's profits fell 49.4% in the first half
The financial statements of the Mobile Communications Company (Zain Saudi Arabia) showed a decline i... Read more
Gulf Markets
868 million riyals, profits of "Saudi Almarai" in the first half
The financial statements of the Saudi Almarai Company showed a decrease in the company's profits in... Read more
Gulf Markets
Fitaihi Group reduces capital by 50%
Fitaihi Holding Group Company has agreed to the recommendation of the Board of Directors to reduce... Read more
Gulf Markets
Chemanol cuts capital to offset losses
The methanol chemicals Chemanol reduced the capital by an amount of 531,491,370 riyals to extinguis... Read more
Gulf Markets
Aramco plans to sell more assets worth billions of dollars
Saudi Aramco plans to raise tens of billions of dollars by selling more stakes in its business.... Read more
Gulf Markets
Saudi Electricity gets the first green financing of $500 million
The Saudi Electricity Company signed, on Wednesday, a green credit facility agreement financed and g... Read more
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