Economic news
Exclusive reports
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


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
ACIG General Assembly Approves 29.5% Capital Reduction

The general assembly of the United Cooperative Insurance Group (ACIG), in its meeting held on Wedne... Read more

Gulf Markets
Amiantit reduces statutory reserves to amortize part of the accumulated losses

Saudi Arabian Amiantit Company announced the reduction of the statutory reserve to extinguish part... Read more

Gulf Markets
Kingdom Holding loses 1.12 billion riyals in the second quarter

Saudi Kingdom Holding Company turned to losses in the second quarter of 2020 to record losses of... Read more

Gulf Markets
Saudi "SABB" increases its losses 3400% in the second quarter

The Saudi British Bank (SABB) increased its losses by 3400% to reach about 6.8 billion riyals in... Read more

Gulf Markets
City Cement General approves a 26% capital reduction

The extraordinary general assembly of Al Madina Cement Company, in its meeting held on Tuesday, app... Read more

Gulf Markets
Al-Hokair turns to a loss in the first quarter of 535.6 million riyals

The financial statements of Fawaz Abdulaziz Alhokair & Partners showed that the company had shifted... Read more

Gulf Markets
National Gas profits fall 58% in the first half

The financial statements of the National Gas and Industrialization Company showed a decline in the... Read more

Gulf Markets
Saudi “exports” increase its losses by 250% in the second quarter

The Saudi Industrial Exports (Saderat) increased its losses by 250% to incur losses of 11.5 mill... Read more

Gulf Markets
"Nadec" profits jumped to 131.6 million riyals in the second quarter

The National Agricultural Development Company (NADEC) achieved a jump in profits for the second... Read more

Gulf Markets
172 million riyals, "Seera Holding" losses in the second quarter

Saudi Seera Holding Group incurred losses of 172 million riyals in the second quarter of 2020, c... Read more

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