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Economic News

Gulf Markets
Moody's: The Saudi economy will grow by 3.9% until 2026

The credit rating agency Moody's has issued its detailed annual credit report on the credit situatio... Read more

Gulf Markets
AMAC increases its capital and distributes 129 million riyals as cash dividends for the first half

The Board of Directors of the Grand Factories Company for Mining (AMAC) recommended distributing cas... Read more

Gulf Markets
Al-Munajji's profits increased by 225.3% during the first half

Al Minaj Food Company clarified the preliminary financial results for the period ending on June 30,... Read more

Gulf Markets
Chemanol's profits jump 53% in the second quarter to 92 million riyals

The financial statements of the methanol chemicals company (Chemanol) showed an increase in the comp... Read more

Gulf Markets
Extra profits increased by 23.6% in the first half

United Electronics Extra Company clarified the estimated financial results for the period ending on... Read more

Gulf Markets
Almarai profits rise 8% in the second quarter of 2022

The preliminary financial results of Almarai Company showed an increase in its net profit by 7.96%... Read more

Gulf Markets
Saudi inflation rises 2.3% in June

The data of the General Authority for Statistics in Saudi Arabia showed, today, Thursday, that the i... Read more

Gulf Markets
Saudi Ceramic distributes 40 million riyals in semi-annual profits

The Saudi Ceramic Company announced the approval of the Board of Directors to distribute cash divide... Read more

Gulf Markets
KFH raises the offer to acquire Al-Ahly United to $8.8 billion

Kuwait Finance House (KFH) has raised its takeover bid for Bahrain's Ahli United Bank to $11.6 billi... Read more

Gulf Markets
GFH Financial buys 5.12 million shares of its stock

GFH Financial Group has purchased 5.12 million of its shares (treasury shares). According to Arab... Read more

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