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
Al-Ahli Saudi's profits grow 8% to $5.3 billion, exceeding expectations
National Bank of Saudi Arabia's profits grew 7.7% year-on-year in 2023 to reach 20 billion riyal... Read more
Gulf Markets
Saudi Investment Bank profits rise by 17% in 2023
The Saudi Investment Bank’s profits increased by about 17% to record 1.76 billion riyals during 2023... Read more
Gulf Markets
Solutions acquires 40% of Devoteam Middle East at a value of 741.7 million riyals
The Arab Internet and Communications Services Company - Solutions announced that on February 1, 2024... Read more
Gulf Markets
Aramco receives directives to maintain maximum production capacity at 12 million barrels per day
Saudi Aramco announced that it had received a directive from the Ministry of Energy to maintain the... Read more
Gulf Markets
Foreign ownership in the Saudi stock market rises by two billion dollars within a week
The value of shares owned by foreigners in the Saudi Tadawul stock market increased during the last... Read more
Gulf Markets
Tadawul witnesses the implementation of 7 private deals worth 392.65 million riyals
Today, Thursday, the Saudi Tadawul stock market witnessed the execution of 1 special deals with a to... Read more
Gulf Markets
The Saudi sovereign fund issues bonds worth $5 billion
The Fixed Income News Service (IFR) reported that the Saudi Public Investment Fund issued bonds in t... Read more
Gulf Markets
MBC shares have jumped 191% in 10 sessions since listing on the Saudi market
MBC Group shares recorded record gains in 10 sessions since it was listed on the Saudi Tadawul stock... Read more
Gulf Markets
Saudi Almarai’s net profits increased by 16.5% in 2023
Saudi Almarai Company’s net profits increased by more than 4% during the fourth quarter of 2023, and... Read more
Gulf Markets
Saudi Fransi completes the offering of dollar-denominated sukuks worth $700 million
Banque Saudi Fransi announced the completion of the offering of US dollar-denominated sukuks subject... Read more
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