Economic news
Exclusive reports
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


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
"Al-Muammar" Saudi Arabia renews an agreement on Islamic banking facilities with "SABB"

Al-Muammar Information Systems (MIS) announced the renewal of an Islamic banking facility agreement... Read more

Gulf Markets
Moody's downgrades the Sultanate of Oman to Ba3 with a negative outlook

Moody's credit rating agency downgraded the Sultanate of Oman to one grade from (Ba2) to category (B... Read more

Gulf Markets
Aldrees renews its Gas Station Management Qualification Certificate for 3 years

Al-Drees Petroleum and Transport Services (Al-Drees) announced the renewal of the qualification cert... Read more

Gulf Markets
Advanced Petrochemical distributes 140.7 million riyals in cash for the second quarter

The Board of Directors of the Advanced Petrochemical Company, in its meeting held on Tuesday, agree... Read more

Gulf Markets
Saudi "SASCO" distributes 60 million riyals in cash profits for the year 2019

The General Assembly of the Saudi Automotive and Equipment Services Company (SASCO), at its meeting... Read more

Gulf Markets
The joint oil fields between Saudi Arabia and Kuwait will resume operation in early July

Saudi Arabia and Kuwait are planning to resume the operation of the Khafji and Abundant oil fields,... Read more

Gulf Markets
Saudi Arabia limits Hajj to citizens and residents of the Kingdom

Saudi Arabia announced that it will not receive expatriates from this year’s Hajj season due to... Read more

Gulf Markets
50 million riyals losses, "Kingdom Holding" in the first quarter

Kingdom Holding Company recorded losses of 50.1 million riyals in the first quarter of 2020, comp... Read more

Gulf Markets
Qassim Holding's earnings fell sharply in the first quarter

The profits of Al-Qassim Investment Holding Company decreased by 92% to reach 711 thousand riyals... Read more

Gulf Markets
A jump in "Chemanol" losses in the first quarter due to lower sales

The annual financial statements of Methanol Chemicals Company (CHEMANOL) showed that the company in... Read more

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