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
Solidarity Takaful profits grew 74.5% in the first quarter
Solidarity Saudi Takaful Company has achieved a growth of 74.5% in net profit before Zakat to rea... Read more
Gulf Markets
Kuwait plans to cut foreign employment by half
Kuwaiti Prime Minister Sheikh Sabah Khalid Al-Hamad Al-Sabah announced that the government intend... Read more
Gulf Markets
"AlAhli Commercial" announces the start of offering additional Sukuks of Category (1)
The National Commercial Bank of Saudi Arabia announced the launch of additional Sukuk from Category... Read more
Gulf Markets
Yanbu Cement General approves the distribution of 197 million riyals as semi-annual profits
The General Assembly of Yanbu Cement Company, at its meeting held on Wednesday, approved the recomm... Read more
Gulf Markets
"Al-Ahli Takaful" profits fell 26.5% in the first quarter
Al-Ahly Takaful’s financial statements showed that the first quarter’s profits for the year fell 26... Read more
Gulf Markets
AXA Insurance profits rise 31.6% in the first quarter
AXA Cooperative Insurance Company's financial statements show an increase of 31.6% in the first quar... Read more
Gulf Markets
Saudi Electricity decided to distribute 749.3 million riyals in profits for the year 2019
The General Assembly of the Saudi Electricity Company, at its meeting held on Tuesday, approved the... Read more
Gulf Markets
Rasameem arranges the acquisition of a real estate portfolio in the United Kingdom
The Capital Investment Company Limited, which is subject to the supervision of the Dubai Financial S... Read more
Gulf Markets
Qatar Airways may lay off 20% of its employees
Qatar Airways CEO Akbar Al-Baker announced that the company may lay off less than 20% of its empl... Read more
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