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 $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
Economic News
Gulf Markets
Saudi Cement increases its profits by 28% in the third quarter
Saudi Cement Company achieved a 28.19% increase in its third quarter 2020 profits to reach 106.4... Read more
Gulf Markets
Saudi Electricity’s profits drop 18% in the third quarter
The net profit of the Saudi Electricity Company decreased by 17.84% in the third quarter of 2020... Read more
World Markets
Japan is testing a train speed of 400 kilometers per hour
East Japan Railways, or JR East, conducted a test flight to test the Shinkansen test train.... Read more
Gulf Markets
Savola's profit rose 28% in the third quarter
Savola Group Saudi Arabia’s profits increased by 27.9% to reach 283.7 million riyals in the thir... Read more
UAE Markets
Abu Dhabi Commercial profits of 2.8 billion dirhams in 9 months
ADCB achieved a net profit of 2.802 billion dirhams for the nine months of 2020. According... Read more
Gulf Markets
40.7 billion riyals, the Saudi budget deficit in the third quarter
Saudi Arabia recorded a budget deficit of 40.768 billion riyals ($ 10.87 billion) in the third q... Read more
World Markets
182 million euros Deutsche Bank profit in the third quarter
Deutsche Bank achieved a net profit of 182 million euros in the third quarter of this year, in l... Read more
Gulf Markets
Alujain turns profitable in the third quarter
Alujain Holding Company turned to profit in the third quarter of 2020 compared to net losses in... Read more
Gulf Markets
Saudi Bawan profits jump 807% in the third quarter
Bawan Saudi Arabia's profits jumped by 806.65% to reach 29.58 million riyals after zakat and tax... Read more
Gulf Markets
Alhokair losses jump 604% in the third quarter
The Abdul Mohsen Al-Hokair Group for Tourism and Development recorded a 604.4% jump in its net l... Read more
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