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
Expectations of a 20% decline in profits of Gulf banks next year
A report by Moody's expects that bank profits in the Gulf countries will decline by 20% in 2021,... Read more
Gulf Markets
96 riyals the final price for the subscription of "Bin Dawood" Holding
Bin Dawood Holding Company has set the final price for its IPO at 96 Saudi riyals per share.... Read more
Gulf Markets
"Moody's" confirms the classification of Burgan Bank of Kuwait with a stable outlook
The credit rating agency, Moody's, announced the completion of the periodic review of Burgan Bank r... Read more
Gulf Markets
Al-Jazira Takaful signs contracts worth 41 million riyals with Bank Al-Jazira
Al-Jazira Takaful Cooperative announced that it has signed an agreement with Bank Al-Jazira to prov... Read more
Gulf Markets
The profits of the "advanced" decline by 26.8% in the third quarter to 156 million riyals
The financial statements of the Advanced Petrochemical Company showed a decline in the company's pr... Read more
Gulf Markets
Saudi "SAFCO" increases its capital to 4.76 billion riyals
The Saudi Capital Market Authority has agreed to increase the capital of the Saudi Arabian Ferti... Read more
Gulf Markets
Saudi Arabia launches today a currency made of "polymer"
Today in Saudi Arabia, the circulation of a five-riyal coin made of polymer. According to... Read more
Gulf Markets
Kuwait is considering offering oil companies for public subscription
The Kuwaiti Capital Markets Authority submitted a study to the Minister of Trade and Industry th... Read more
Gulf Markets
Amana Insurance begins initial discussions to study merger with Enaya
Amana Cooperative Insurance Company announced the Board of Directors’s decision last Tuesday to sta... Read more
Gulf Markets
Saudi Exports sells its stake in "stores and services"
The Saudi Industrial Exports (Saderat) has completed the procedures for selling and collecting t... Read more
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