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
$ 80.1 million Gfh profit in 2019
GFH Financial Group announced its annual financial statements for the past year, realizing a net pro... Read more
Gulf Markets
A negative shift in the results of "Rabigh Petrochemicals" .. The losses are 544 million riyals
The company said in a statement to the Saudi market (Tadawul) today, Thursday, that the reason... Read more
Gulf Markets
217 million Kuwaiti dinars, "Zain" Kuwaiti profits during 2019
The financial statements of the Mobile Telecommunications Company (Zain) showed that the company’s... Read more
Gulf Markets
Bahrain's Investcorp acquires Fortune to distribute seafood and private food
Investcorp, the Bahrain-based international financial institution specializing in alternative invest... Read more
Gulf Markets
15 million dinars Kuwaiti airline profits in 2019
Kuwait Airways ’annual financial statements showed that the airline’s profits increased 124% year-on... Read more
Gulf Markets
Yamama Cement turns to profitability in 2019..and the distribution of 101 million riyals in cash
The annual financial statements of Yamamah Cement Company showed the company's profitability transf... Read more
Gulf Markets
Riyad Bank issues sukuk at $ 3 billion
Riyad Bank intends to issue primary and secondary bonds and sukuk in US dollars and to offer them... Read more
Gulf Markets
Bank Albilad distributes 375 million riyals of semi-annual cash profits
The Board of Directors of Bank Albilad, in its meeting held on Monday, recommended distributing 375... Read more
Gulf Markets
Zain Saudi Arabia amends its recommendations regarding the company's capital
The board of directors of Zain Saudi Arabia decided to amend its previous recommendations regarding... Read more
Gulf Markets
Bahrain's budget deficit shrinks to 4.7% of GDP in 2019
The Bahraini Finance Ministry said on Monday that the budget deficit shrank to 4.7% of GDP in 2019 f... Read more
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