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
Sumou Real Estate distributes 12.5 million riyals in cash dividends
The Board of Directors of Sumou Real Estate Company recommended distributing cash dividends of 1... Read more
Gulf Markets
EXtra increases its profit 95.4% in the third quarter
United Electronics Company (Extra) achieved 95.4% growth in profits for the third quarter of thi... Read more
Gulf Markets
"NBK" repurchases and issues securities after the approval of the "Kuwaiti Central"
The National Bank of Kuwait announced that it has obtained approval from the Central Bank of Kuwait... Read more
Gulf Markets
Zain Saudi Arabia approves capital reduction to offset accumulated losses
The extraordinary general assembly of the Mobile Telecommunications Company (Zain Saudi Arabia), at... Read more
Gulf Markets
“Makkah” exempts tenants from the rent for a period of 6 months
Makkah Construction and Development Company announced that it will exempt tenants for a period of s... Read more
Gulf Markets
Saudi Investments intends to buy a stake in LuLu Group
The Saudi Public Investment Fund is in early talks to buy a stake in the Lulu Group Internationa... Read more
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
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