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
Kuwaiti Jazeera Airways reduced its operational capacity
Kuwait Airways announced that it has decided to reduce its operating capacity in proportion to th... Read more
Gulf Markets
A third of Gulf companies plan to work from home
planning started by a third of companies in the Gulf to direct half of their employees to work f... Read more
Gulf Markets
Taiba Investment signs land purchase agreement worth 136.4 million riyals
Taiba Investment Company announced the signing of a binding purchase agreement for a plot of land in... Read more
Gulf Markets
Yanbu cement profits rise 183% in 2019
Yanbu Cement Company's financial statements showed an increase in profits for the past year by 182.... Read more
Gulf Markets
SABIC's annual profits decline by 74%
The company said in the statement that the decline in profits is due to a decrease in the avera... Read more
Gulf Markets
Bahrain plans to offer shares of oil and gas
Bahrain intends to transfer some of its assets from oil and natural gas to a proposed government... Read more
Gulf Markets
The annual "Sadara" losses jump to 14.5 billion riyals
Sadara Chemical Company's net losses increased to 14.5 billion riyals at the end of 2019, compar... Read more
Gulf Markets
SABIC raises its stake in the Swiss Clariant
The Saudi Basic Industries Corporation (SABIC) announced the increase of its stake in the Swiss... Read more
Gulf Markets
3 Gulf central banks reduce interest rates, and keep an eye on Kuwait, Qatar and Oman
3 central banks in the Gulf announced a cut in interest rates following the decision taken by the U... Read more
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