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 Telecom’s quarterly profit is close to 3 billion riyals
A statement by Saudi Telecom Company (STC) on Tadawul, revealed that the quarterly profits in the fi... Read more
Gulf Markets
Saudi stocks decline with US oil futures remaining in negative territory
Saudi stocks suffered from a decline today, with US oil futures continuing to trade in negative terr... Read more
UAE Markets
ADNOC cuts crude supplies to buyers on fixed-term contracts in May
Abu Dhabi National Oil Company (ADNOC) informed buyers of fixed-term contracts that it would reduce... Read more
World Markets
Russia: Decline in oil futures is not catastrophic
The statement of the Russian Presidency today, Tuesday, commenting on the historic collapse of US cr... Read more
Gulf Markets
Budget Saudi Arabia cuts dividends
United International Transportation (Budget Saudi Arabia) has canceled the recommendation of the... Read more
Gulf Markets
Yansab profit fell 73% in the first quarter
Yanbu National Petrochemical Company (Yansab) profits decreased by 73.25% in the first quarter o... Read more
UAE Markets
Emirates Islamic profits decline 62% in the first quarter
Emirates Islamic Bank profits decreased by 62% in the first quarter of 2020 to reach 155 million... Read more
World Markets
One billion US dollars Halliburton losses in the first quarter
The US oilfield services company Halliburton incurred a loss of one billion dollars in the first... Read more
Gulf Markets
Mobily earns 130 million riyals in the first quarter
Saudi Mobily Company recorded a growth of 93% in the profits for the first quarter of 2020 to re... Read more
UAE Markets
Deyaar Development begins restructuring
Diyar Development Company has announced the start of the implementation of capital restructuring,... Read more
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