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
Astra Industrial increased its profits by 125% in the second quarter
Astra Industrial Group recorded an increase in profits by 125.4% to reach, after zakat and tax, abo... Read more
Gulf Markets
Ataa Educational Acquisition of the Arab Education Group
Ataa Educational Company signed an agreement to acquire the entire shares of the Arab Group for Edu... Read more
Gulf Markets
A sharp decline in "Union Insurance" profits in the second quarter
The profits of the Union Cooperative Insurance Company sharply declined by 42.2% to reach 19.2 mill... Read more
Gulf Markets
Nama Chemicals turned profitable in the second quarter
Nama Chemicals Company was able to turn to profitability in the second quarter of 2021, to 9.6 mill... Read more
Gulf Markets
Maharah's profits fell 22% in the second quarter
The quarterly profit of Maharah Human Resources Company recorded a decline of 21.7% to reach, after... Read more
Gulf Markets
2.91 billion riyals, semi-annual dividends to Al-Ahly of Saudi Arabia
The Saudi National Bank decided to distribute cash dividends to shareholders for the first half of... Read more
World Markets
Algeria intends to sell stakes in banks and state companies out of reform
The Algerian presidency stated that President Abdelmadjid Tebboune ordered his government, yesterday... Read more
Gulf Markets
"Kuwait Oil" signs project contracts worth 1.8 billion dollars
KOC signed a large package of contracts for mega projects worth 551.6 million dinars ($1.8 billion)... Read more
World Markets
The Egyptian government decides to liquidate the National Investment Bank
The next few months may see further steps to liquidate the entire National Investment Bank, as part... Read more
UAE Markets
Profits of "Al Alamiah Holding" jump 309% in the second quarter
The financial statements of the International Holding Company showed a significant increase in the c... Read more
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