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
32% growth in quarterly profits for "Al-Ahly Saudi"
The Saudi National Bank achieved a net profit of 4.5 billion riyals by the end of the first quarter... Read more
UAE Markets
Dubai Islamic profits rise 58% in the first quarter
Dubai Islamic Bank achieved an increase in profits by 58% during the first quarter of this year, to... Read more
UAE Markets
Aldar Properties increases its profits by 27% in the first quarter
Aldar Properties Company achieved an increase in profits by 27% in the first quarter of this year to... Read more
World Markets
"Gazprom" stops supplies to Poland and Bulgaria due to payments
Russia's energy giant Gazprom said on Wednesday it had completely halted gas supplies to Bulgaria an... Read more
Gulf Markets
1.5 billion riyals, profits of "Riyadh Bank" in the first quarter
The financial statements of Riyad Bank showed an increase in the bank's profits in the first quarter... Read more
Gulf Markets
Al-Ahly Kuwaiti profits rise 17% in the first quarter
The financial statements of Al Ahli Bank of Kuwait showed an increase in the bank's profits in the f... Read more
Gulf Markets
The rating of "Aramco" and "SABIC" at (A)
Fitch Ratings has revised its outlook for both Saudi Aramco and SABIC from stable to positive, as... Read more
Gulf Markets
Bank Al Jazira increases its profits by 16.5% in the first quarter
Bank Al-Jazira achieved profits for the period ending on March 31, 2022 amounting to 374.9 million... Read more
World Markets
HSBC quarterly profit falls 27%
HSBC's financial statements showed that the bank's quarterly profit fell 27% year-on-year. Europ... Read more
UAE Markets
2.4 billion dirhams, profits of the UAE "Etisalat" in the first quarter
The financial statements of the Emirates Telecom Company showed an increase in the company's profits... Read more
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