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
One billion riyals profits for "Jarir Marketing" in 2020
Jarir Marketing Company achieved a 4% growth in its fourth quarter of 2020 profits to reach 287.... Read more
Gulf Markets
Petrochem’s profit grew 89% in the fourth quarter
The National Petrochemical Company (Petrochem) achieved 88.7% growth in profits for the fourth q... Read more
World Markets
Egypt is on its way to become one of the top 10 exporters of natural gas in the world
A recent report predicted that Egypt would close to becoming among the top 10 exporting countries o... Read more
UAE Markets
The Council of Ministers sets conditions for obtaining Emirati citizenship
yesterday, Saturday, the UAE Cabinet approved the amendment of some provisions related to the execu... Read more
Gulf Markets
SABIC's annual profit fell 99.2% to 40 million riyals
The financial statements of the Saudi Basic Industries Corporation (SABIC) showed that the company'... Read more
Crypto currencies
Visa affirms its commitment to digital and fiat payments
During a first-quarter Visa earnings call on Thursday, Chairman and CEO Al Kelly dedicated a portio... Read more
Crypto currencies
A jump in the price of "Ripple" after declarations that the currency should be pushed higher
the price of the Ripple digital coin (XRP) rose 86% in the first trading hours of Saturday's sessio... Read more
World Markets
Global tourism is losing $ 1.3 trillion in 2020
The global tourism sector lost $ 1,300 billion in 2020 due to the coronavirus pandemic. Ac... Read more
Gulf Markets
1.6 billion riyals, the Saudi "Bahri" profits in 2020
The net profit of the National Shipping Company of Saudi Arabia (Maritime) decreased by 68.87% i... Read more
Gulf Markets
Sama: We will pump 6 trillion dollars in 10 years to support the economy
Saudi Central Governor Fahd Al-Mubarak revealed that the Public Investment Fund will pump $ 6 trill... Read more
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