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
Yamama cement profits decline 10% in the second quarter
Al-Yamamah Cement Company's financial statements showed that the company's profits in the second qu... Read more
Gulf Markets
29% decline in Riyad Bank profits in the second quarter
Riyad Bank recorded a 29% decrease in second quarter 2020 profits to reach 1.06 billion riyals, c... Read more
Gulf Markets
434 million riyals, "Maaden" losses in the second quarter
The losses of the Saudi Arabian Mining Company (Maaden) increased by 78.17% after incurring a net... Read more
Gulf Markets
Al-Rajhi bank profit fell 3.8% in the second quarter
Al-Rajhi Bank recorded a decrease of 3.8% in the profits of the second quarter of 2020 to reach 2... Read more
Gulf Markets
Saudi ceramics turn to profitability in the second quarter
The financial statements of the Saudi Ceramic Company showed the company's turnaround in profitabil... Read more
Gulf Markets
"SABB" completes the launch of the first issuance of 5 billion riyals of sukuk
The Saudi British Bank (SABB) announced the launch of the first version of the completion of the Su... Read more
Gulf Markets
Saudi Ceramics raises its share in ceramics for pipes to 66.09%
The Saudi Ceramic Company announced the increase of its stake in the Ceramic Pipe Company (a subsid... Read more
Gulf Markets
37.3 million riyals of Yanbu cement profits in the second quarter ... and dividends
Yanbu Cement Company's financial statements showed that the second quarter earnings of this year de... Read more
Gulf Markets
Ooredoo Kuwait's profits fell 90.4% in the first half
The financial statements of the National Mobile Telecommunications Company (Ooredoo Kuwait) showed... Read more
Gulf Markets
Saudi Arabia plans to expand privatization
The Kingdom of Saudi Arabia intends to raise billions of riyals during the next four or five year... Read more
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