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
Tesla reported $3.3 billion in profits in the first quarter
The financial results of the electric car manufacturer (Tesla) showed that the company achieved a ne... Read more
World Markets
Oil cuts its losses
Amidst fears of a shortage of supply, and after a sharp decline, oil prices reduced their losses, as... Read more
Gulf Markets
46 million riyals, profits of "Lejam Sports" in the first quarter
Leejam Sports Company in Fitness Time achieved a net profit of about 46.01 million riyals in the fi... Read more
Gulf Markets
Halwani Brothers distributes 20% cash dividends
During the Extraordinary General Assembly of Halwani Brothers Company, the Board of Directors decide... Read more
Gulf Markets
Al-Riyadh Development's profits rise 25.2% in the first quarter
The financial statements of Al-Riyadh Development Company showed an increase in the company's profit... Read more
World Markets
14.2 billion dollars in revenue for IBM in the first quarter
IBM's global revenue rose in the first quarter of this year to $14.2 billion, compared to analysts'... Read more
UAE Markets
An Indian company sells 10% of its unit stake to Abu Dhabi Investments
HDFC, India's largest housing finance company, said Wednesday that it will sell a 10% stake in its H... Read more
Crypto currencies
Gold-backed currencies shine as Bitcoin falls
With the crypto-asset market collapsing due to war and inflation, a new class of risk-fuelled crypt... Read more
Gulf Markets
NBK's profits reach 38%
The National Bank of Kuwait's profits exceeded analysts' expectations, increasing by 38% to 116 mil... Read more
Gulf Markets
Sipchem increases its profits by 162% in the first quarter
Sahara International Petrochemical Company Sipchem International achieved an increase in profits by... Read more
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