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
Aramco debt forecast to exceed target levels due to oil crash
Analysts expected Saudi Aramco's debt to exceed target levels due to the oil price collapse triggere... Read more
Gulf Markets
"Advanced" profits increased 100% in the first quarter
The Saudi Advanced Industries Company achieved a growth of 102% in the profits for the first qua... Read more
Gulf Markets
Sadara increases its quarterly losses to 1.27 billion riyals
The Saudi Sadara Basic Services Company announced the increase in the net losses of its parent co... Read more
Gulf Markets
Misk turns into profitability in the first quarter
According to Arabia Net, the reason for achieving a net profit during the current quarter compa... Read more
Gulf Markets
"Aramco" profits decline 25% in the first quarter ... and the distribution of 70 billion in cash
Saudi Aramco's financial statements showed that the first quarter profit of this year decreased by 2... Read more
Gulf Markets
"Takween" signs an existing financing rescheduling agreement with Saudi banks
Takween Advanced Industries has announced that it has signed a rescheduling agreement for an existin... Read more
Gulf Markets
Saudi Arabia: Deepening oil cuts aimed at accelerating rebalancing of the market
The Saudi Energy Minister said that the kingdom's deepening of oil production cuts in June aims to a... Read more
Gulf Markets
Yansab distributes 12.5% cash dividends
The Board of Directors of Yanbu National Petrochemical Company (Yansab) recommended distributing... Read more
Gulf Markets
Aramco cuts production by one million barrels in June
The Saudi Ministry of Energy directed Aramco to reduce its production of crude oil, for next Jun... Read more
Gulf Markets
Saudi Aramco cuts domestic gasoline prices for May
Saudi Aramco said on Sunday that it had reduced domestic gasoline prices for the month of May. Acc... Read more
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