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
321 vessels waiting for the return of the Suez Canal
The number of vessels currently expired to cross Suez Canal 321 vessels in the north and south a... Read more
Gulf Markets
Confirm credit rating for Saudi Arabia at "A-"
> The Standard & Poor's confirmed its credit rating to Saudi Arabia at A- with a stable future lo... Read more
World Markets
Egypt suspends navigation temporarily in Suez Canal
The head of the Suez Canal Authority, Osama Spring, decided to suspend the movement of navigation... Read more
Gulf Markets
"Satorph" increases its annual losses 304%
Saudi Aramco's losses rose to Total and Petrochemicals Sutorped by 304.2%, at about 2.59 billion r... Read more
UAE Markets
"Abu Dhabi Commercial" distributes 1.87 billion dirhams for 2020 profits
Abu Dhabi Commercial Bank has agreed to distribute cash dividends of AED 0.27 per share, equivalen... Read more
Gulf Markets
Saudi non-oil exports rose 15.6% in January
Saudi non-oil exports rose 15.6%, while the value of Saudi Arabia's oil exports decreased 20.5% on... Read more
Gulf Markets
Loss of "Al-Abdalat" 113% in 2020
Al-Abdalat's investment losses recorded 112.8%, with about 24.8 million riyals in 2020, for about... Read more
Gulf Markets
Bank Albilad plans to issue sukuk with 3 billion riyals
The Bilad Bank intends to issue sectors from the second tranche (Tier 2) in Saudi Riyals, an amoun... Read more
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