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
A new economic measures package to confront Corona in Saudi Arabia
The Saudi Arabian Monetary Agency (SAMA) has adopted a new package of precautionary measures to a... Read more
UAE Markets
The Abu Dhabi credit rating is fixed at AA + A-1 +
Standard & Poor's has maintained the credit rating granted to the UAE capital Abu Dhabi at the le... Read more
World Markets
Egypt sets a daily limit for withdrawals and deposits in banks
The Central Bank of Egypt decided to set a daily limit for deposits and cash withdrawals at bank... Read more
Gulf Markets
Advanced Petrochemical establishes two new factories with 1.8 billion dollars
The Global Advanced Investment Company, a subsidiary of the Advanced Petrochemical Company (Advan... Read more
Gulf Markets
Tabuk Agricultural annual losses are 186.7%, due to a decrease in the inventory value
The financial statements of Tabuk Agricultural Development Company increased the losses of last yea... Read more
Gulf Markets
641.6 million riyals, Saudi Arabia's "Saturb" losses in 2019
Aramco Total Services Arabia (SATORP) financial statements showed the shift in loss last year compa... Read more
Gulf Markets
Saudi Arabia extends the suspension of government and private sector work until further notice
The Kingdom of Saudi Arabia announced yesterday, Saturday, the extension of the suspension of work i... Read more
Gulf Markets
Saudi Paper Manufacturing signs credit facilities agreement with "Saudi Investment"
The Saudi Paper Manufacturing Company announced the signing of a credit facility agreement in accor... Read more
Gulf Markets
"Salama Insurance" converts to a loss in 2019 of 62 million riyals
The financial statements of Salama Cooperative Insurance Company showed the company's transformatio... Read more
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