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
Annual profits of "Walaa Insurance" jump to 73 million riyals
The annual financial statements of Walaa Cooperative Insurance showed a jump in the company's profi... Read more
Gulf Markets
Kuwaiti "Warba Bank" profits decline by 66% in 2020 due to allocations
The financial statements of Warba Bank showed that the bank’s profits fell in the past year by 65.9... Read more
Gulf Markets
1511% coverage for "Alkhorayef Water Technology" IPO
Saudi Fransi Capital, the financial advisor and IPO of AlKhorayef for Water and Power Technology,... Read more
Gulf Markets
The Saudi economy grows 4.2% in 2021
Saudi Arabia is proceeding at a steady pace on the road to recovery with an increase in investment... Read more
Gulf Markets
Kuwait’s reserves at the IMF rose for the fourth consecutive month
Kuwait's monetary reserve at the International Monetary Fund recorded its highest historical levels... Read more
Gulf Markets
A subsidiary of "Sulaiman Al-Habib" is implementing a hospital project worth 71 million riyals
Sulaiman Al Habib Medical Services Group announced that its subsidiary, Al Gharb Specialized Hospit... Read more
Gulf Markets
Riyad Bank's annual profit fell to 4.7 billion riyals
Riyad Bank's profits fell by 15.8%. The net profit will reach 4.715 billion riyals in 2020, compare... Read more
Gulf Markets
Zain Saudi Arabia’s profits will decline by 46% in 2020
The profits of the Saudi Mobile Telecommunications Company Zain Saudi Arabia decreased by 46.39%, t... Read more
Gulf Markets
Mobily increases its profits 25 times in 2020
Etihad Etisalat Company (Mobily) achieved an increase of 2,425.8% in net profit to reach 783 milli... Read more
Gulf Markets
One billion riyals annual profit of Sulaiman Al-Habib
Dr. Sulaiman Al-Habib Medical Services Group achieved a growth of 21.3% in net profit to reach 1.05... Read more
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