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
World Markets
Industrial production in China rose 6.3% in September
Chinese data showed today, Monday, that industrial production in the country rose by 6.3% during the... Read more
UAE Markets
Empower plans to offer 10% of its shares for subscription in the Dubai market
The CEO of the Emirates Central Cooling Systems Corporation (Empower), Ahmed Shafar, said that the c... Read more
Gulf Markets
Bahri achieves a 1,400% jump in third-quarter profits
The Saudi National Shipping Company achieved a 1.40% jump in net profits for the third quarter of 20... Read more
Gulf Markets
Al-Rajhi Bank increases profits by 15% in the third quarter
Al-Rajhi Bank achieved a 14.8% increase in profits for the third quarter of 2022 to reach 4.35 billi... Read more
World Markets
Musk may sell Tesla shares to complete Twitter deal
Elon Musk may have to sell shares in his company, Tesla, in order to complete the controversial Twit... Read more
Gulf Markets
The profits of "Al-Ahly of Saudi Arabia" rise 20% in the third quarter to 5.4 billion riyals
The financial statements of the National Bank of Saudi Arabia showed an increase in the bank’s profi... Read more
Gulf Markets
373 million riyals, "Mobily" profits in the third quarter, an increase of 32.7%
The financial statements of Etihad Etisalat (Mobily) showed an increase in the company's profits... Read more
Gulf Markets
Riyad Bank's profits rise 18.5% in the third quarter to 1.8 billion riyals
The financial statements of Riyad Bank showed an increase in the bank’s profits in the third quarter... Read more
Gulf Markets
Al-Sulaiman intends to offer the IKEA concession to the public
Saudi Arabia's Al-Sulaiman Group intends to offer the IKEA franchise to the public next year. Ac... Read more
World Markets
The dollar rose against the yen to its highest level in 32 years
The US dollar reached a 32-year high against the Japanese yen, hitting 150 yen. According to Arab Ne... Read more
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