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
The General Assembly of "Ataa Education" approves the distribution of 10% cash dividends
The Ordinary General Assembly of Ataa Educational Company approved the recommendation of the Board o... Read more
Gulf Markets
Sovereign bond yields fluctuated in the fourth quarter of 2022.. Gulf countries excel
Sovereign bond yields rose sharply last October before easing later on after some expectations indic... Read more
Gulf Markets
Inflation in Saudi Arabia increased by 3.3% in December
The consumer price index (inflation rate) in the Kingdom of Saudi Arabia increased by 3.3% in Decemb... Read more
Gulf Markets
Al Rajhi Bank distributes 12.5% cash dividends
The Board of Directors of Al-Rajhi Bank decided to distribute cash dividends for the fiscal year 202... Read more
Gulf Markets
The Saudi “Al-Ahly” recommends distributing 6% cash dividends
The Board of Directors of the National Bank of Saudi Arabia recommended distributing cash dividends... Read more
Gulf Markets
Saudi “Maaden” establishes 4 companies with a value of 12 billion riyals
The Saudi Arabian Mining Company (Maaden) has signed agreements to establish 4 companies for explora... Read more
Gulf Markets
Extra achieves the highest annual profit in its history
The United Electronics Company (Extra) achieved an 11% growth in annual profits to reach 440.2 milli... Read more
Gulf Markets
Investcorp plans to invest $1 billion in the Gulf real estate sector
Investcorp, the financial institution that specializes in alternative investments, has announced tha... Read more
Gulf Markets
Zain Saudi Arabia sells towers for 3 billion riyals
Zain Saudi Arabia announced the completion of a deal to sell the infrastructure of its towers by tra... Read more
Gulf Markets
Laden Investments signs an agreement to develop 260 housing units in the city of Jizan, at an amount of 162 million riyals
Laden Investment Company announced the signing of an agreement to develop 260 housing units in partn... Read more
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