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
STC Kuwait's profits rise 4% in the first half
The financial statements of the Kuwait Telecom Company (STC) showed an increase in the company's pro... Read more
Gulf Markets
Foreign assets in Saudi Arabia rise 2% in June
Saudi Arabia's net foreign assets rose 2% in June, rebounding slightly from their lowest level in m... Read more
Gulf Markets
Saudi Fransi's profits rise 76% in the second quarter
Banque Saudi Fransi's net profit increased by 76.2% to reach 770 million riyals, after zakat and ta... Read more
Gulf Markets
Arab Bank’s semi-annual profit growth 20%
The Arab Bank Group recorded a net profit after taxes and provisions amounting to $182.4 million fo... Read more
Gulf Markets
"Sipchem" turned to profitability by 830 million riyals in the second quarter
The Sahara International Petrochemical Company turned Sipchem to achieve profits, which amounted to... Read more
Gulf Markets
Riyad Bank increases profits by 42.2% in the second quarter
Riyadh Bank achieved a net profit growth of 42.2% in the second quarter of 2021. According to Ar... Read more
Gulf Markets
Al-Rajhi Bank’s profits grew 48% in the second quarter
Al-Rajhi Bank achieved a net profit growth of 48% in the second quarter of 2021. According to Ar... Read more
Gulf Markets
Bank Albilad profits rise 37.5% in the first half
Bank Albilad's financial statements showed an increase in the bank's net profits in the first half o... Read more
Gulf Markets
Kuwait's Zain invests in the latest merger between Swvl and Queens Gambit
Mobile Telecommunications Company Zain announced that it will invest in the recent merger of Swvl an... Read more
Gulf Markets
Today, Saudi Arabia lifts the suspension of entry for tourist visa holders with controls
The Saudi Ministry of Tourism will start implementing the decision to lift the suspension of entry f... Read more
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