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
Saudi Arabia temporarily suspends travel of citizens and residents to 9 countries
An official source in the Saudi Ministry of Interior said that the government of the Kingdom decided... Read more
Gulf Markets
Aqua Power Saudi Arabia has agreements with 2.5 billion dollars
According to ArabiaNet, among the three agreements concluded, a 25-year energy purchase agree... Read more
Gulf Markets
Al-Fokhariya increases its profits 100% during 2019
The Saudi Pottery Pipe Production Company achieved 100% growth in profits in 2019 to reach SAR 8... Read more
Gulf Markets
Xtra’s annual earnings rise 28% to 205.6 million riyals
The financial statements of United Electronics Company (eXtra) showed an increase in the profits of... Read more
Gulf Markets
Slight increase in the profits of Burgan Bank of Kuwait
Kuwait's Burgan Bank achieved annual profits of 84.68 million dinars last year, compared to profits... Read more
Gulf Markets
$ 7.2 billion is expected losses for Middle East Airlines
The airlines in the Middle East are expected to lose about $ 7.2 billion in their revenues, in th... Read more
Gulf Markets
Establishing the first car assembly plant in Saudi Arabia
Eng. Nizar Al-Hariri, Head of Industrial Complexes in Saudi Arabia, revealed the granting of the... Read more
Gulf Markets
Expectations of new mergers in the Saudi insurance sector
An official at the Saudi Arabian Monetary Agency (SAMA) expected that the insurance sector in the... Read more
Gulf Markets
Kuwaiti Jazeera Airways reduced its operational capacity
Kuwait Airways announced that it has decided to reduce its operating capacity in proportion to th... Read more
Gulf Markets
A third of Gulf companies plan to work from home
planning started by a third of companies in the Gulf to direct half of their employees to work f... Read more
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