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
SADAFCO's profit fell 5.7% in the third quarter
The Saudi Dairy and Food Products Company (SADAFCO) recorded a 5.7% decline in profits for the t... Read more
Gulf Markets
Kuwaiti "Agility" obtains new banking facilities worth $ 75 million
Agility Public Warehousing Company, listed on the Kuwait and Dubai Stock Exchanges, announced that... Read more
Gulf Markets
Yansab increases its profits by 95% in the fourth quarter
The Yanbu National Petrochemical Company, Yansab, achieved a growth of 94.67% in its fourth quar... Read more
Gulf Markets
Qatar National issues billion dollar bonds
QNB Group issued $ 1 billion in bonds with a maturity of five years. According to CNBC Ara... Read more
Gulf Markets
Al-Ahly Commercial issues additional dollar bonds
The National Commercial Bank has started offering an additional Category 1 Sukuk issuance in US... Read more
Gulf Markets
Ataa Educational acquires 52% of Al-Wasat Schools
Ataa Educational Company has signed an agreement to acquire 52% of the Al Wasat National Schools... Read more
Gulf Markets
Al-Drees profits decline by 58% in 2020
The net profit of Aldrees Petroleum and Transport Services (Aldrees) decreased by 58.48% to reac... Read more
Gulf Markets
Alkhabeer fund units begin trading today
Today the listing and trading of the units of the Al-Khabeer Diversified Income Fund traded in t... Read more
Gulf Markets
5.4 billion dinars are a deficit in Kuwait’s budget over 9 months
A recent report by the Ministry of Finance showed that Kuwait recorded a deficit of approximately 5... Read more
Gulf Markets
SABIC plans to launch a specialty chemicals unit
Basic Industries Corporation (SABIC) has appointed Al-Ahly Capital to advise on a possible listi... Read more
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