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-Ahly Saudi Arabia increases its annual profits by 47%
The National Bank of Saudi Arabia achieved an increase in annual profits by 47%, after it recorded p... Read more
Gulf Markets
The Saudi economy grows 5.4% in the fourth quarter of 2022
Preliminary data issued by the General Authority for Statistics in Saudi Arabia revealed that the Ki... Read more
Gulf Markets
Boubyan Bank’s profits rise by 19% in 2022.. and diversify the distributions
Boubyan Bank announced that it achieved net profits in 2022 amounting to 57.8 million Kuwaiti dinars... Read more
Gulf Markets
Profits of “Al-Rajhi Bank” rise 16.3% to 17.15 billion riyals by the end of 2022
The financial statements of Al-Rajhi Bank revealed that the bank’s profits increased by 16.3% last y... Read more
Gulf Markets
1.8 million riyals fine for 9 officials in the "paper industry"
The Appeal Committee for Securities Disputes in the Saudi stock market issued a decision against a n... Read more
Gulf Markets
"National Kuwait" increases its quarterly profits by 25%
The National Bank of Kuwait achieved a 25.5% increase in net profit for the fourth quarter of 2022,... Read more
Gulf Markets
Saudi "Amiantit" reduces its annual losses by 94.5%
Saudi Arabian Amiantit Company (Amiantit) reduced its annual losses by 94.55%, to reach about 8.78 m... Read more
Gulf Markets
12.4 trillion riyals investment opportunities available in Saudi Arabia
Saudi Minister of Investment Khaled Al-Falih confirmed that the volume of investment opportunities a... Read more
Gulf Markets
"Orient Pipes" signs two contracts with "NEOM" and "Petrojet", amounting to 569 million riyals
Yesterday, Sunday, the East Integrated Pipes Company for Industry announced the signing of two contr... Read more
Gulf Markets
Saudi "Almarai" increases its quarterly profits by 24%
Saudi Almarai Company achieved an increase in quarterly profits by 24.18%, as it recorded net profit... Read more
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