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
Saudi “Chemanol” losses amounted to 48 million riyals in the first quarter of 2023
On Sunday, May 21, the Saudi Chemanol Company announced its financial results for the first quarter... Read more
Gulf Markets
The Qatari stock market is expected to attract $3.5 billion by liberalizing the shares of its sovereign funds
The Qatari stock market could attract up to $3.5 billion in passive fund inflows if Doha goes ahead... Read more
Gulf Markets
The gains and profits of “Mobily” amounted to 465 million riyals in the first quarter of 2023
The annual financial results of Etihad Etisalat Company (Mobily) showed that it achieved a jump in i... Read more
Gulf Markets
STC profits amounted to 3.11 billion riyals in the first quarter of 2023
The financial results of the Saudi Telecom Company, STC, revealed that it achieved an increase in it... Read more
Gulf Markets
Saudi Aramco records $32 billion in the first quarter of 2023
Saudi Aramco, the largest oil producing company in the world, said that it recorded a net profit in... Read more
Gulf Markets
Air Arabia's revenues amounted to 342 million dirhams, an increase of 17% in the first quarter of 2023.
Air Arabia PJSC, the first and largest low-cost airline in the Middle East and North Africa region,... Read more
Gulf Markets
Saudi budget revenues amounted to 75 billion dollars in the first quarter
The actual performance of the Saudi public budget during the first quarter of the year 2023 recorded... Read more
Gulf Markets
The profits of Saudi “Sulaiman Al Habib” increased to 489 million riyals in the first quarter of 2023
The profits of the Saudi Sulaiman Al Habib Group increased by 25% during the first quarter of 2023,... Read more
Gulf Markets
Gulf banks raise interest similar to the Federal Reserve
Most central banks in the Gulf countries raised interest rates, similar to the Federal Reserve's dec... Read more
Gulf Markets
"Aramco" is studying a huge gas project with "Sinopec" and "Total" for ten billion dollars
The Saudi energy sector is witnessing intense talks about a $10 billion shale gas project, and these... Read more
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