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 Re-profit grew 16% in the third quarter
The Saudi Company for Cooperative Reinsurance (Saudi Re) achieved a 16% growth in profits for th... Read more
Gulf Markets
121.7 million riyals, SAPTCO's losses in the third quarter
The Saudi Public Transport Company (SAPTCO) incurred losses of 121.7 million riyals in the third... Read more
Gulf Markets
Solidarity Takaful reduces its quarterly losses by 76.7%
Solidarity Saudi Takaful Company (Solidarity Takaful) reduced its losses by 76.7% to reach 5.01... Read more
Gulf Markets
City Cement distributed 10% cash dividends
The Board of Directors of Al Madina Cement Company recommended the distribution of cash dividend... Read more
Gulf Markets
ACIG losses increased by 163% in the third quarter
The United Cooperative Insurance Group (ACIG) increased its losses by 163% to reach 1.5 million... Read more
Gulf Markets
"Chemical" increases its profit 41% in the third quarter
The Saudi chemical company achieved a growth of 40.6% in its third quarter 2020 profits to reach... Read more
Gulf Markets
Chemanol increases its losses by 526% in the third quarter
The losses of the Methanol Chemicals Company (Chemanol) increased by 526% to 202.5 million riyal... Read more
Gulf Markets
Mouwasat increases its profits by 73% in the third quarter
Al-Mouwasat Medical Services achieved a 73.15% increase in profits for the third quarter of 2020... Read more
Gulf Markets
Andalusia real estate profits declined by 79% in the third quarter
The profits of Al-Andalus Real Estate Company decreased by 78.5% to reach 3.13 million riyals in... Read more
Gulf Markets
Saudi Investments invests $ 1.3 billion in India's Reliance
India's Reliance Industries announced that the Saudi Public Investment Fund will invest 95.55 bi... Read more
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