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
SABIC's annual profit fell 99.2% to 40 million riyals
The financial statements of the Saudi Basic Industries Corporation (SABIC) showed that the company'... Read more
Gulf Markets
1.6 billion riyals, the Saudi "Bahri" profits in 2020
The net profit of the National Shipping Company of Saudi Arabia (Maritime) decreased by 68.87% i... Read more
Gulf Markets
Sama: We will pump 6 trillion dollars in 10 years to support the economy
Saudi Central Governor Fahd Al-Mubarak revealed that the Public Investment Fund will pump $ 6 trill... Read more
Gulf Markets
Savola's annual profits rise 91.5% ... and dividends exceed 400 million riyals
The annual financial statements of the Saudi Savola Group showed that the company's profits in the... Read more
Gulf Markets
American company intends to buy a stake in "Rotana Music"
Warner Music intends to buy a minority stake in Rotana Music, owned by Saudi billionaire Prince... Read more
Gulf Markets
Kuwait’s Boubyan Bank’s profits fall by 45% in 2020
The financial statements of Boubyan Bank of Kuwait showed that the bank’s profits in the last year... Read more
Gulf Markets
NBK profits decline by 39% in 2020
National Bank of Kuwait profits declined by 38.6% to 246.3 million dinars ($ 812.3 million) in 2... Read more
Gulf Markets
Saudi Arabia plans to issue dollar bonds with maturities of 12 and 40 years
The Kingdom of Saudi Arabia intends to issue dollar bonds in two tranches, with maturities of 12... Read more
Gulf Markets
Approval of reducing the capital of "Amana Insurance"
Amana Cooperative Insurance Company obtained the approval of the Central Bank of Saudi Arabia (S... Read more
Gulf Markets
Increasing foreign investments in Saudi Arabia despite Corona
foreign investment coming into the Kingdom of Saudi Arabia has grown, despite the decrease in fo... Read more
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