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
Kuwaiti KIPCO profits rise 89% to 10.4 million dinars in the first half of 2023
Kuwait Projects Company (Holding) announced today that it achieved a net profit of KD 10.4 million (... Read more
Gulf Markets
Atheeb Telecom turns profitable in the first quarter ending in June 2023
Etihad Atheeb Telecommunications Company (GO Go) turned profitable during the first quarter ending o... Read more
Gulf Markets
Zain Saudi Arabia’s profits declined by 7.46% in the second quarter of 2023
The net profit of Zain Saudi Arabia decreased by 7.46% in the second quarter of 2023 to 124 million... Read more
Gulf Markets
Profits of the Commercial Bank of Kuwait amounted to 69.2 million dinars in the first half..and approved cash dividends
The semi-annual profits of Commercial Bank of Kuwait increased by 57.4% in the first half of 2023, a... Read more
Gulf Markets
Americana profits rise 76% in the second quarter of 2023, supported by sales
The results of Americana International Restaurants Plc revealed that net profits increased by 75.76%... Read more
Gulf Markets
The assets of Saudi banks increased to $953.87 billion by the end of the second quarter of 2023
Listed Saudi banks recorded an increase in their total assets by the end of the second quarter of 20... Read more
Gulf Markets
The profits of the Kuwait Stock Exchange decreased by 21.4% in the first half of 2023, to 8.42 million dinars
Boursa Kuwait announced its financial results for the first half of 2023, as the company recorded a... Read more
Gulf Markets
The market value of the Arab stock exchanges increased by 0.43% within a week
The market value of the Arab financial markets increased by 0.43 percent at the end of the week endi... Read more
Gulf Markets
Gulf central banks catch up with the US Federal Reserve and raise interest by a quarter of a percentage point
The central banks of the Gulf countries, which peg their local currencies to the dollar, joined the... Read more
Gulf Markets
“Saudi Fransi” decides to distribute 1.14 billion riyals for the first half of 2023
The Board of Directors of Banque Saudi Fransi decided, during its board of directors meeting held ye... Read more
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