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
Al-Drees profits decline by 58% in 2020
The net profit of Aldrees Petroleum and Transport Services (Aldrees) decreased by 58.48% to reac... Read more
Gulf Markets
Alkhabeer fund units begin trading today
Today the listing and trading of the units of the Al-Khabeer Diversified Income Fund traded in t... Read more
Gulf Markets
5.4 billion dinars are a deficit in Kuwait’s budget over 9 months
A recent report by the Ministry of Finance showed that Kuwait recorded a deficit of approximately 5... Read more
Gulf Markets
SABIC plans to launch a specialty chemicals unit
Basic Industries Corporation (SABIC) has appointed Al-Ahly Capital to advise on a possible listi... Read more
Gulf Markets
Al-Ahly Qatar's annual profits rise to 680 million riyals
The financial statements of Al-Ahli Bank of Qatar showed that the bank’s profits last year increase... Read more
Gulf Markets
Closure of land ports in the Sultanate of Oman for a week
The Omani authorities have decided to close the country's land ports for a period of one week, w... Read more
Gulf Markets
GFH acquires 80% of Hidd Mall
GFH Financial Group announced that it has acquired 80% in addition to the strategic partner's st... Read more
Gulf Markets
8.16 million riyals distributions of "REIT education" for the fourth quarter
Saudi Fransi Capital announced the distribution of cash dividends to the owners of REIT Educatio... Read more
Gulf Markets
Dismissal of the Board of Directors of "Wafra for Industry"
The Ordinary General Assembly of Wafrah for Industry and Development decided to dismiss the memb... Read more
Gulf Markets
Standard & Poor's affirms Kuwait's rating at "AA-"
Standard & Poor's has maintained the sovereign credit rating of the State of Kuwait at (AA-) wit... Read more
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