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 $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
Economic News
Gulf Markets
The earnings of Budget Saudi Arabia increase by 9% in the first quarter
The profits of United International Transportation Company Budget Saudi Arabia increased by 9.2%... Read more
Gulf Markets
Lazurde Company for Jewelry loses 1.6 million riyals in the first quarter
Lazurde Company for Jewelry incurred a loss of 1.6 million riyals in the first quarter of 2020,... Read more
Gulf Markets
Saudi fund buys stake in British Telecom
The Saudi Public Investment Fund bought shares of British Telecom through the open market in rec... Read more
World Markets
German government in talks to save "Lufthansa"
The German government plans to hold talks on Monday on a nine billion euro ($ 10.1 billion) finan... Read more
Gulf Markets
A Saudi Tourism Development Fund with $ 4 billion
The Saudi Ministry of Tourism plans to launch a tourism development fund with an initial capital... Read more
World Markets
WireCard loses $ 2.1 billion that has not entered the Philippine financial system
The Philippine central bank announced that $ 2.1 billion missing from German payment solutions fi... Read more
Gulf Markets
"National Industrialization" reduces its losses by 94% in the first quarter
National Industrial Company losses decreased by 94%, calling 76.5 million riyals in the first qu... Read more
UAE Markets
The general assembly of "Union Real Estate" refuses to use the reserve to reduce losses
It also agreed to appoint Mazars to audit the budget for 2020 and fix its fees in the amoun... Read more
Gulf Markets
Taiba Investment exits stake in Fiber Oasis
The company said in a statement to the Saudi market (Tadawul) today, Sunday, that the exit com... Read more
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