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
270 million riyals are Al-Othaim Markets dividends for the second half of 2020
Abdullah Al-Othaim Markets Company distributed interim cash dividends to the company's shareholde... Read more
Gulf Markets
SACO increases its profits by 39% in 2020
The Saudi Hardware and Tools Company SACO achieved a 39% increase in profits, reaching 85.5 millio... Read more
Gulf Markets
The abolition of the sponsorship system in Saudi Arabia comes into effect ... today
The initiative to improve the contractual relationship in Saudi Arabia is scheduled to take effect... Read more
Gulf Markets
GASCO establishes "Solutions Gas" company with a capital of 5 million riyals
The National Gas and Industrialization Company (GASCO) announced the completion of the issuance of... Read more
Gulf Markets
6 factors will turn negatively in the results of "Kuwaiti cinema" in 2020
The financial statements of the Kuwait National Cinema Company showed that the company had shifted... Read more
Gulf Markets
Tihama Advertising acquired 35% of the integrated media production
Tihama Advertising, Public Relations and Marketing has completed the formal procedures to acquire... Read more
Gulf Markets
Saudi fish losses increased by 37% in 2020
The Saudi Fisheries Company's losses increased by 36.9% to 45.21 million riyals in 2020, compared... Read more
Gulf Markets
The decline in revenues reduces Sipchem's profits by 41.3% in 2020
The financial statements of Sahara International Petrochemical Company (Sipchem International) show... Read more
Gulf Markets
"Riyadh Development" will distribute 116 million riyals for the second half of 2020
The board of directors of Arriyadh Development Company recommended distributing cash dividends to t... Read more
Gulf Markets
$ 15 billion credit facility for the "Investment Fund"
The Saudi Public Investment Fund has signed a $ 15 billion multi-currency revolving credit facili... Read more
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