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
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
Gulf Markets
Saudi Arabia determines which groups are allowed to come directly
An official source in the Saudi Ministry of Interior stated that in light of the great efforts made... Read more
Gulf Markets
Chemanol intends to increase the capital by 550 million riyals
Chemanol Methanol Chemicals Company submitted a request to the Saudi Capital Market Authority to app... Read more
Gulf Markets
"Al Kathiri" intends to issue Islamic bonds worth 500 million riyals
Al Kathiri Holding Company announced its intention to issue a program of local Sharia-compliant suku... Read more
Gulf Markets
PMI rises in Saudi Arabia and declines in Egypt and the UAE
The main Purchasing Managers' Index (PMI) for Saudi Arabia of the (IHS Markit) group, related to the... Read more
Gulf Markets
Additional frequencies for fifth generation technologies in Saudi Arabia
Saudi Arabia intends to support its telecommunications network by offering additional frequencies fo... Read more
Gulf Markets
Announcing Aramco's third quarter results and distributions at the end of October
Saudi Aramco decided that it will announce its main financial results and dividends for the third q... Read more
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