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
Saudi threats of a new oil price war
Saudi Arabia threatened a new oil price war with its peers in OPEC. According to Reuters, t... Read more
UAE Markets
Foreigners acquired 31% of UAE trading in June
Non-Arab foreigners accounted for approximately 31% of the total trading in the UAE capital marke... Read more
UAE Markets
Restructuring of the UAE's KBB debt
The UAE’s KBBO Group announced that it has appointed consultants to restructure company-based lia... Read more
World Markets
Global tourism could lose $ 3.3 trillion by the end of 2020
A report issued by the United Nations Conference on Trade and Development (UNCTAD) expected that... Read more
World Markets
Volkswagen decides not to build a plant in Turkey
German automaker Fogh-Fogh newspaper reported that Volkswagen decided not to build a new factory... Read more
Gulf Markets
29.5 million riyals "Tihama Advertising" losses in the first quarter
Tuhama Advertising and Public Relations, recorded a loss of 29.5 million riyals in the first qua... Read more
Gulf Markets
Today ... the introduction of value-added tax in Saudi Arabia
The decision to raise the value-added tax rate to 15% has started today in Saudi Arabia, on all... Read more
UAE Markets
The UAE issued 4,201 new economic licenses in June
The United Arab Emirates issued 4,201 new economic licenses during the month of June, bringing th... Read more
Gulf Markets
Tadawul profits increase by 3.4% at the end of 2019
The Saudi Stock Exchange Company achieved a rise in net profit to reach 153.3 million riyals by... Read more
Gulf Markets
Najran Cement pay off an early loan of 45 million riyals to "Saudi French"
Najran Cement Company announced that it has requested from the Saudi Fransi Bank the full and early... Read more
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