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
The Saudi economy grew by 2.8% during the fourth quarter of 2020
The Saudi economy achieved real GDP growth during the fourth quarter of 2020 by 2.8% compared to th... Read more
Gulf Markets
Kuwaiti “KUFPEC” achieves the largest gas exploration achievement in its history in Malaysia
The Kuwait Foreign Petroleum Exploration Company, KUFPEC, announced today, Wednesday, that its subs... Read more
Gulf Markets
Al Yamamah Steel establishes wind power plant with $ 78 million
Al Yamamah Steel Industries Company intends to start implementing the Al Yamamah Wind Energy Syste... Read more
Gulf Markets
A new investment for the Public Investment Fund in NBC
The Public Investment Fund, the Saudi sovereign wealth fund, has become a major investor in NBK Cap... Read more
Gulf Markets
Anaam intends to increase its capital by 210 million riyals
Anaam International Holding Group intends to increase the company's capital by offering priority ri... Read more
Gulf Markets
SAPTCO loses 377.7 million riyals during 2020
The Saudi Public Transport Company, SAPTCO, lost 377.7 million riyals, compared to 33.9 million r... Read more
Gulf Markets
Saudi Arabia announces judicial reforms in a step towards a codified legal system
Saudi Crown Prince Mohammed bin Salman announced, on Monday, plans to approve a set of new draft la... Read more
Gulf Markets
$ 56.5 million in quarterly losses for Commercial Bank of Kuwait
Commercial Bank of Kuwait's losses exceeded 2.8% in the fourth quarter of 2020, to reach 17.1 m... Read more
Gulf Markets
"Expert Rhett" back down from the acquisition of a property in Riyadh
Alkhabeer Capital, the manager of Alkhabeer REIT Fund, announced today, Monday, that the Board of D... Read more
Gulf Markets
Kuwaiti Al Ahli United profits down 46% in 2020
The financial statements of Al Ahli United Bank of Kuwait showed that the bank’s profits fell in th... Read more
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