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
37.4 million riyals, Tuhama advertising losses in 2020
The losses of Tuhama Advertising and Public Relations Company increased by 167% to reach 37.4 milli... Read more
Gulf Markets
Kuwait intends to borrow $ 15 billion from "generational reserve"
Kuwait is heading to government financing arrangements according to Moody's credit rating agency, b... Read more
Gulf Markets
The Saudi Investment Company’s profits increased by 310% in 2020
The Saudi Investment Bank achieved a growth in net profit of 310%, amounting to 980 million riya... Read more
UAE Markets
Air Arabia profits down 90% in the fourth quarter
Air Arabia recorded a 90% decrease in its fourth quarter of 2020 profits, to reach 20 million di... Read more
UAE Markets
6% growth in NMC's revenue from the sale of its non-core assets
Emirati healthcare company NMC expected to sell non-core assets early this year, and that this w... Read more
World Markets
$ 3.2 billion in AstraZeneca annual profit
The corona vaccine manufacturer AstraZeneca achieved a rise in annual profits to reach $ 3.2 bil... Read more
Gulf Markets
Al-Othaim Markets increases its annual profits by 31%
Abdullah Al-Othaim Markets Company achieved a 30.8% growth in net profit to reach 450.97 million... Read more
World Markets
Huawei calls for the removal of the US ban
Huawei has legally objected to the FCC's classification of the Chinese company as a threat to the... Read more
Gulf Markets
A financing package for Aramco worth 10 billion countries
Saudi Aramco is preparing a financing package worth up to $ 10 billion that it may offer to the... Read more
Gulf Markets
Al-Hokair loses 128 million riyals in the third quarter
Fawaz Abdulaziz Alhokair & Co. incurred losses of 128.1 riyals in the third quarter of the curre... Read more
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