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
Kuwait intends to borrow $ 15 billion from "generational reserve"
Kuwait is heading to government financing arrangements according to Moody's credit rating agency, b... Read more
Gulf Markets
The Saudi Investment Company’s profits increased by 310% in 2020
The Saudi Investment Bank achieved a growth in net profit of 310%, amounting to 980 million riya... Read more
Gulf Markets
Al-Othaim Markets increases its annual profits by 31%
Abdullah Al-Othaim Markets Company achieved a 30.8% growth in net profit to reach 450.97 million... Read more
Gulf Markets
A financing package for Aramco worth 10 billion countries
Saudi Aramco is preparing a financing package worth up to $ 10 billion that it may offer to the... Read more
Gulf Markets
Al-Hokair loses 128 million riyals in the third quarter
Fawaz Abdulaziz Alhokair & Co. incurred losses of 128.1 riyals in the third quarter of the curre... Read more
Gulf Markets
Yamama Cement annual profit increased by 41.7% during 2020
Yamama Cement Company achieved a net profit growth of 41.72%, bringing the net profit to 363.276 m... Read more
Gulf Markets
The Saudi economy grew by 2.8% during the fourth quarter of 2020
The Saudi economy achieved real GDP growth during the fourth quarter of 2020 by 2.8% compared to th... Read more
Gulf Markets
Kuwaiti “KUFPEC” achieves the largest gas exploration achievement in its history in Malaysia
The Kuwait Foreign Petroleum Exploration Company, KUFPEC, announced today, Wednesday, that its subs... Read more
Gulf Markets
Al Yamamah Steel establishes wind power plant with $ 78 million
Al Yamamah Steel Industries Company intends to start implementing the Al Yamamah Wind Energy Syste... Read more
Gulf Markets
A new investment for the Public Investment Fund in NBC
The Public Investment Fund, the Saudi sovereign wealth fund, has become a major investor in NBK Cap... Read more
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