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
Saudi GDP declined 3.9% in the fourth quarter of 2020
Saudi Arabia's GDP fell 3.9% in the fourth quarter of last year compared to the same period a year... Read more
Gulf Markets
Nadec turns profitable in 2020
The National Agricultural Development Company (Nadec) achieved 35.65 million riyals in 2020, compar... Read more
Gulf Markets
Almarai acquires all of the shares of "Bakemart" in the UAE and Bahrain
Saudi Almarai Company announced the conclusion of a sale and purchase agreement with the shareholde... Read more
Gulf Markets
Kuwaiti "First Fuel" profits decline by 23% in 2020 ... and cash dividends
The financial statements of the first company for domestic fuel marketing showed a decline in the c... Read more
Gulf Markets
Alinma Tokyo losses decrease by 96%
The losses of the Alinma company, Tokyo Marine, decreased by 95.7%, reaching 1.45 million riyals in... Read more
Gulf Markets
Distributions for "Al-Maather Rit" worth 24 million riyals
Osool and Bakhit Investment Company decided to distribute profits amounting to 23.94 million riyals... Read more
Gulf Markets
Malath Insurance increases its profits by 23% in 2020
Malath Cooperative Insurance Company achieved an increase in profits by 23.46%, as the net profit... Read more
Gulf Markets
$ 138 million in annual profits for the Kuwaiti "Agility" ... as well as cash dividends and a grant
The financial statements of Agility Public Warehousing Company, listed on the Kuwait and Dubai Stoc... Read more
Gulf Markets
Inflation in Saudi Arabia rose 5.2% in February
The consumer price index (inflation) in the Kingdom of Saudi Arabia increased by 5.2% in February,... Read more
Gulf Markets
Zoujaj turns profitable in 2020
The National Glass Industries Company Zoujaj achieved a shift in profits after zakat and tax, about... Read more
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