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 "fish" reduced its losses to 33 million riyals
The Saudi Fisheries Company reduced its losses by 11.3% to reach 33 million riyals in 2019, comp... Read more
Gulf Markets
Saudi Al-Drees profits increase 336% in 2019
Al-Drees Petroleum and Transport Services achieved 336% annual profit growth to reach 291.7 milli... Read more
Gulf Markets
393.8 million riyals, losses of "Jabal Omar" in 2019
Jabal Omar Development Company recorded losses amounting to 393.8 million riyals during 2019, ag... Read more
UAE Markets
Dubai government confirms the full support of Emirates Airlines
Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum confirmed that the Dubai gove... Read more
UAE Markets
Dana Gas is considering establishing a new company for exploration and production
Dana Gas intends to prepare a feasibility study to discuss the possibility of establishing a new... Read more
UAE Markets
55 Emirati companies distribute 37 billion dirhams of profits for 2019
The total value of the cash dividends for 55 Emirati companies listed in the financial markets a... Read more
Gulf Markets
S&P downgrades the National Bank of Kuwait
The credit rating agency Standard & Poor's downgraded the National Bank of Kuwait credit rating in c... Read more
World Markets
Trump rules out ordering all U.S. residents to stay home
US President Donald Trump yesterday, Monday, ruled out the issuance of his administration by orderin... Read more
Gulf Markets
Exceptional allocations increase annual loss of "Saudi Amiantit" 45%
The annual financial statements of Saudi Arabian Amiantit Company showed that the company's losses i... Read more
Gulf Markets
A subsidiary of "Cisco" signs a financing agreement of 1.5 billion riyals with two Saudi banks
The Saudi Industrial Services Company, Cisco, announced the signing of one of its subsidiaries, a f... Read more
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