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
Latin America's second largest airline goes bankrupt due to Coruna
The second largest airline in Latin America, the Colombian company Avianca Holdings, filed for ba... Read more
Gulf Markets
Saudi "Investments" fund looking to buy a stake in "GEO" platforms
The Saudi Public Investment Fund plans to buy a minority stake in Jio PLATFORMS, the digital arm... Read more
Gulf Markets
Aramco intends to review the price of the SABIC deal
Saudi Aramco is seeking to restructure a deal to buy a controlling stake in the Saudi Basic Indus... Read more
UAE Markets
New exposure crisis in UAE with another Indian company
While sources told the Gulf News newspaper that the exposure of UAE banks to the troubled comp... Read more
Gulf Markets
"Paper industry" requires an increase in capital
The Saudi Paper Manufacturing Company has applied to the Saudi Capital Market Authority to incre... Read more
Gulf Markets
Saudi "Nadec" turns to profitability in the first quarter
The National Agricultural Development Company (Nadec) turned to profitability, earning 18.2 milli... Read more
UAE Markets
Agthia's profit fell 32% in the first quarter
Food Group profits decreased by 32% to reach 27 million dirhams in the first quarter of 2020 comp... Read more
UAE Markets
AED 1.7 billion annual profits for the Emirates Group
The Emirates Group continued to make profits for the thirty-second year in a row. According to... Read more
UAE Markets
AED 791.6 billion of foreign assets in UAE banks in the first quarter
The total foreign assets of Emirati banks reached 791.6 billion dirhams, representing 25.3% of th... Read more
Gulf Markets
Saudi Arabian cement profits rise 21.6% in the first quarter
The financial statements of Arab Cement Company showed an increase in the profits for the first qua... Read more
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