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 stocks rise amid positive news for Covid-19 vaccines
The main Saudi index rose 0.6%, today, Wednesday, in parallel with global stocks, as investor senti... Read more
Gulf Markets
The profits of "Ataa Educational" fell 70% in the first quarter to 4.9 million riyals
The preliminary financial results of Ataa Educational Company showed a decrease in the company's ne... Read more
Gulf Markets
Kuwaiti "Burgan" issues bonds worth $ 500 million at 2.75% interest
Burgan Bank announced the launch of secondary capital securities within the second tier of capital... Read more
Gulf Markets
Cement sales in Saudi Arabia increased 15.4% in November
The sales of cement companies in Saudi Arabia increased by 15.4% during November 2020, compared... Read more
Gulf Markets
Next Thursday ... Al-Samaani begins trading in the Saudi market
The Saudi Stock Exchange Company (Tadawul) announced the listing and beginning of trading on the... Read more
Gulf Markets
SAPTCO uses statutory reserves to amort its losses
The Board of Directors of the Saudi Public Transport Company (SAPTCO) approved the use of the st... Read more
Gulf Markets
Emir of Kuwait re-assigns Sheikh Sabah Al-Khaled to form the new government
The Emir of Kuwait, Sheikh Nawwaf Al-Ahmad Al-Jaber Al-Sabah, today, Tuesday, re-assigned Sheikh Sa... Read more
Gulf Markets
Al-Hokair obtains the franchise rights from the French Matchlone
Fawaz Abdul Aziz Al Hokair & Co. announced that it has acquired the commercial franchise rights fro... Read more
Gulf Markets
JAZADCO signs an agreement to acquire "Jazzel" for 410 million riyals
Jazan Energy and Development Company (JAZADCO) announced the conclusion of a binding agreement to a... Read more
Gulf Markets
The first "Islamic repo" operation in the Saudi market
The first Sharia-compliant repurchase transaction (Islamic repo) took place between two financia... Read more
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