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
South Cement increases its annual profit by 32%
Southern Province Cement Company achieved an annual net profit growth of 31.5%. According... Read more
Gulf Markets
596 million riyals in cash dividends to Alinma Bank
Alinma Bank recommended distributing cash dividends to shareholders, totaling about 596.122 millio... Read more
Gulf Markets
Al-Hokair and “Centers” acquire 51% of “VogaCloset”
Each of the Arabian Centers Company and Fawaz Al-Hokair Company acquired 51% of the shares of Voga... Read more
Gulf Markets
"Public investment" is heading for a loan of 15 billion dollars
The Saudi Public Investment Fund is seeking to close a deal to get its largest loan ever this week.... Read more
Gulf Markets
Kuwaiti "Wethaq Insurance" losses jump to 1.3 million dinars in 2020
The financial statements of Wethaq Takaful Insurance Company showed an increase in the company's lo... Read more
Gulf Markets
The Norwegian Fund invests $ 987 million in UAE and Saudi stocks
The Norwegian fund invested about $ 987 million in the UAE and Saudi markets by the end of last ye... Read more
Gulf Markets
15.1 million riyals profits from the "paper industry" in 2020
The Saudi Paper Manufacturing Company achieved a profit of 15.1 million riyals during the year 2020... Read more
Gulf Markets
Saudi Fransi distributes 4% cash dividends
The Board of Directors of Banque Saudi Fransi recommended distributing cash dividends to shareholde... Read more
Gulf Markets
"Al-Ahli Commercial" and "Samba Capital" shareholders agree to the merger agreement
The extraordinary general assembly of the shareholders of the National Commercial Bank and Samba Fi... Read more
Gulf Markets
Standard & Poor's: Declining Gulf budget deficits starting from 2021
Gulf countries will not have to borrow as much as they borrowed last year through 2021, thanks to t... Read more
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