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
Budget annual profit growth to 188 million riyals
The United International Transportation Company (Budget Saudi Arabia), achieved a 5.17% increase in... Read more
Gulf Markets
Bank Albilad’s 2020 profits rise 8.4% to $ 1.35 billion
Bank Albilad's financial statements showed that the bank's profits last year increased by 8.4% on a... Read more
Gulf Markets
Kuwaiti "Aayan" turns profitable in 2020, with a value of 20.7 million dinars
The financial statements of Aayan Leasing and Investment Company showed that the company turned to... Read more
Gulf Markets
“Saudi Ceramics” increases its capital by 200 million riyals
The Board of Directors of the Saudi Ceramic Company has recommended increasing its capital by 3... Read more
Gulf Markets
9 new measures applied by Saudi Arabia against Corona
The Kingdom of Saudi Arabia has implemented 9 measures to limit the spread of Corona, with the r... Read more
Gulf Markets
The profits of "Arab Centers" fell to 96 million riyals in the third quarter
The Arabian Centers Company achieved a 13.56% decline in profits, bringing net profits to 95.6 mill... Read more
Gulf Markets
419.8 million riyals Qassim Cement profits in 2020
Qassim Cement Company achieved a growth of 16% in its net profits to reach 419.83 million riyals in... Read more
Gulf Markets
Coronavirus Pandemic Shrinks STC-Kuwait's Annual Profits By 26%
The financial statements of Kuwait Telecommunications Company (STC - Kuwait) showed that the compan... Read more
Gulf Markets
Maaden reduces losses by 72%
The Saudi mining company Maaden reported a 71.7% decrease in losses. According to Arabiya... Read more
Gulf Markets
Amiantit losses reduced to 27% of capital
Saudi Amiantit recorded a decrease in losses in 2020, reaching 27% of the capital. According... Read more
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