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 $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
Economic News
Gulf Markets
A big jump in the results of "Savola" in the first quarter .. and profits 173 million riyals
Savola Group financial data showed a significant jump in the results for the first quarter of this y... Read more
Gulf Markets
"Sadaq" uses the reserve to cover accumulated losses of 26 million riyals
The Board of Directors of the Saudi Industrial Development Company (SIDC) recommended to the General... Read more
Gulf Markets
National construction and marketing profits fall 76% in 2019
The National Construction & Marketing Company's financial statements showed last year’s earnings do... Read more
Gulf Markets
Aldrees general assembly approves distributing 90 million riyals as annual profits
the General Assembly of Aldrees Petroleum and Transport Services approved at its meeting held on Tu... Read more
Gulf Markets
Saudi Arabia establishes a state-owned mining company
The Saudi Cabinet approved, in principle, the establishment of a state-owned joint stock company fo... Read more
Gulf Markets
34.1 billion riyals Saudi budget deficit in the first quarter of 2020
The budget of the Kingdom of Saudi Arabia showed a deficit of 34.107 billion riyals ($ 9.09 billion)... Read more
Gulf Markets
"FIPCO" turns into profitability in the first quarter with 4.2 million riyals
Filling & Packaging Material Manufacturing Company (FIPCO) turned to profitability to achieve... Read more
Gulf Markets
SAFCO's earnings fell 9.5% in the first quarter
The profits of Arab Fertilizers Company (SAFCO) decreased by 9.5% to reach 303.5 million riyal... Read more
Gulf Markets
1.8 billion riyals, "Petro Rabigh" losses in the first quarter
The initial financial statements of Rabigh Refining and Petrochemical Company (Petro Rabigh) showed... Read more
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