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
Atheeb Telecom's losses declined in the first quarter
The losses of Etihad Atheeb Telecom Company GO recorded a decline of 1.3% in the first quarter of t... Read more
Gulf Markets
Budget Saudi Arabia increases its profits by 149% in the second quarter
The United International Transportation Company (Budget Saudi Arabia) recorded a 149% increase in p... Read more
Gulf Markets
Kingdom Holding turns profitable in the first half, with an amount of 503 million riyals
The financial statements of Kingdom Holding Company showed the company's turn to profitability in th... Read more
Gulf Markets
The "Saudi Sovereign" seeks a loan to finance the US "DuPont" deal
A Saudi company affiliated with the Saudi sovereign fund, along with other investors, is in the proc... Read more
Gulf Markets
"Kuwait International" ends the sale of its debt to "NMC" for 4 million dinars
Kuwait International Bank (KIB) announced the completion of the sale of the indebtedness of NMC Heal... Read more
Gulf Markets
Moody's downgrades Kuwait's KIPCO, and the outlook is "negative"
KIPCO Holding Company KIPCO said that credit rating agency Moody's has downgraded the company's rati... Read more
Gulf Markets
Saudi Wealth Fund buys stake in Italian Pagani
The Saudi sovereign wealth fund has agreed to buy a minority stake in Italian supercar maker Horacio... Read more
Gulf Markets
Emaar the Economic City reduced its losses in the second quarter
The losses of Emaar, the Saudi economic city, Emaar, decreased by 13.17% in the second quarter of 2... Read more
Gulf Markets
Al Hokair turns profitable in the first quarter
Fawaz Abdulaziz Al Hokair & Partners Company (Al Hokair) achieved a profitability shift in the firs... Read more
Gulf Markets
Al-Othaim Markets profits fell 62% in the second quarter
The profits of Abdullah Al-Othaim Markets Company decreased by 61.7% to reach 47.9 million riyals a... Read more
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