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
Almarai Saudi Arabia's net profit rises to SAR 619.6 million in Q2 2024
Saudi Arabia's Almarai Company's net profit rose by more than 11% year-on-year in the second... Read more
Gulf Markets
ADNOC, Aramco consider acquiring stakes in Australian gas company
Informed sources revealed that both Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) are sepa... Read more
Gulf Markets
PMI: Strong improvement in Saudi non-oil sector in June 2024
The Purchasing Managers' Index (PMI) from Riyad Bank showed another strong improvement in busine... Read more
Gulf Markets
Qatar Airways profits rise 6% to $1.7 billion in a year
Qatar Airways Group reported a profit of QAR 6.1 billion ($1.7 billion) for the fiscal year ending M... Read more
Gulf Markets
$36.8 billion Saudi sovereign fund profits in 2023
Saudi Arabia's sovereign wealth fund, the Public Investment Fund, reported Monday a profit of 13... Read more
Gulf Markets
Aramco signs contracts for the second phase of the Jafurah field project
Saudi Aramco has signed contracts for the second phase of the Jafurah field project, in addition to... Read more
Gulf Markets
Net FDI inflows to Saudi Arabia grow by 5.6% in Q1 2024
The value of net foreign direct investment inflows into Saudi Arabia amounted to 9.5 billion Saudi r... Read more
Gulf Markets
Aramco plans to buy stake in US energy facility
Saudi Aramco (2222) announced in a statement on the energy company’s official website, yesterday, We... Read more
Gulf Markets
Oil demand will peak...and Saudi Arabia will control the price with a new tool!
Not only is Saudi Arabia the world's largest oil producer, it also has the world's largest o... Read more
Gulf Markets
Gas price decline to cut Qatar Energy profits by 32% in 2023
Qatar Energy said on Tuesday it had posted a net profit of 101.9 billion riyals ($27.96 billion) in... Read more
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