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
4 thousand riyals is the minimum wage for Saudi citizens
The Ministry of Human Resources and Social Development in Saudi Arabia decided to raise the mini... Read more
Gulf Markets
Moody's classifies Borouge’s financial strength for Saudi Arabia as (Baa2)
Buruj Cooperative Insurance Company announced that Moody's Investors Service has placed the company... Read more
Gulf Markets
Awarding a contract from Saudi Health to MIS, with a value of 58.5 million riyals
Al Moammar Information Systems (MIS) announced that it had received, today, Wednesday, a letter of... Read more
Gulf Markets
Kuwait International issues sukuk not exceeding 300 million dollars
Kuwait International Bank (KIB) decided to issue sukuk (securities) within the second tier of capit... Read more
Gulf Markets
$ 20 billion in Aramco bonds orders
Saudi Aramco has received orders of over $ 20 billion for its prospective dollar bond offering.... Read more
Gulf Markets
Saudi Investment Fund reduces its portfolio in America
The Saudi Public Investment Fund reduced its investments in the US market by 25%. Accordin... Read more
Gulf Markets
Al-Waha Trade renews a credit facility agreement with Al-Arabi Al-Watani
Zahrat Al Waha Trading announced the renewal of the Sharia-compliant credit facilities agreement wi... Read more
Gulf Markets
The National Bank of Kuwait issues securities with a value not exceeding $ 300 million
The National Bank of Kuwait decided to issue supporting securities within the second tranche of the... Read more
Gulf Markets
Standard & Poor's confirms Kuwait's Boubyan Bank's rating
The credit rating agency, Standard & Poor's Global Ratings, has affirmed Boubyan Bank's long-term r... Read more
Gulf Markets
Kuwaiti "Agility" contributes to distributing the Corona vaccine
The Kuwaiti company, Agility, is in talks with the companies producing the Corona vaccine and th... Read more
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