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
Walaa Insurance’s profits fell 62.8% in the second quarter
The profits of Walaa Cooperative Insurance Company decreased by 62.83% to reach 10.53 million riyal... Read more
Gulf Markets
"Bawan" increases its profits by 179% in the second quarter
Bawan Company achieved a jump in net profits by 178.8%, as the net profit amounted to 43.121 millio... Read more
Gulf Markets
Saudi Pipes reduced its losses by 70% in the second quarter
The Saudi Steel Pipe Company (Saudi Pipes) reduced its losses by 70% to reach 8 million riyals durin... Read more
Gulf Markets
Al-Khudari's creditors reject financial reorganization
The creditors of Abdullah Abdulmohsin Al-Khodari Sons Company rejected the company's financial reorg... Read more
UAE Markets
Dubai Investments achieves 302 million dirhams during the first half
Dubai Investments achieved a net profit of 47%, amounting to 302 million dirhams for the first half... Read more
UAE Markets
Aramex profits down 33% in the first half
Aramex's financial statements showed a decline in the company's profits in the first half of this ye... Read more
Gulf Markets
“SABIC” turns to profitability in the first half, with a value of 12.5 billion riyals
The financial statements of the Saudi Basic Industries Corporation (SABIC) showed the company's tran... Read more
World Markets
A rocket rise for "Robin Hood" in the first week of the offering... and "Wall Street" is on fire
Robin Hood has sparked enthusiasm among small investors as rising stock prices baffle analysts, opti... Read more
World Markets
South Korea's foreign exchange reserves rise to a record high in July
Data from the South Korean central bank showed that South Korea's foreign exchange reserves rose to... Read more
World Markets
“Uber” profits exceed expectations, supporting investment gains in “Didi” and “Aurora”
Uber Technologies Inc. beat analyst estimates for quarterly revenue and profit, but its shares fell... Read more
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