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
Extra achieves the highest annual profit in its history
The United Electronics Company (Extra) achieved an 11% growth in annual profits to reach 440.2 milli... Read more
Gulf Markets
Investcorp plans to invest $1 billion in the Gulf real estate sector
Investcorp, the financial institution that specializes in alternative investments, has announced tha... Read more
Gulf Markets
Zain Saudi Arabia sells towers for 3 billion riyals
Zain Saudi Arabia announced the completion of a deal to sell the infrastructure of its towers by tra... Read more
Gulf Markets
Laden Investments signs an agreement to develop 260 housing units in the city of Jizan, at an amount of 162 million riyals
Laden Investment Company announced the signing of an agreement to develop 260 housing units in partn... Read more
Gulf Markets
GFH acquires Big Sky Asset Management in the US
GFH Financial Group said today, Tuesday, that it has completed the acquisition of a majority stake i... Read more
Gulf Markets
"Halwani Brothers" signs a bank facilities agreement of 120 million riyals with "Gulf International"
Halwani Brothers Company announced the signing of a Sharia-compliant banking facilities agreement wi... Read more
Gulf Markets
“Bank Albilad” recommends distributing 500 million riyals in cash dividends for the year 2022
The Board of Directors of Bank Albilad recommended distributing cash dividends to the bank's sha... Read more
Gulf Markets
"Makkah Construction" increases its profits by 383% in the third quarter
Makkah Construction and Development Company achieved a 383.3% growth in net profits to reach 58 mill... Read more
Gulf Markets
"Pharmaceutical" signs two financing agreements with two Saudi banks worth 900 million riyals
The Saudi Company for Pharmaceutical Industries and Medical Supplies announced the signing of a cred... Read more
Gulf Markets
Standard & Poor's upgrades GFH's ratings to "B" in Flexible Business
GFH Financial Group announced that Standard & Poor's Global Ratings has upgraded the group&#... Read more
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