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
Citigroup: Gulf countries may sell part of their assets
Citigroup expects that the Arab Gulf states will resort to selling some of their government asset... Read more
Gulf Markets
"Printing and packaging" losses reduced 35% in the first quarter
The Saudi Printing and Packaging Company reduced its losses by 35.02% during the first quarter o... Read more
Gulf Markets
Saudi entity losses increase 161% in the first quarter
Saudi Kayan Petrochemical Company losses increased by 161.7% during the first quarter of 2020... Read more
Gulf Markets
Thob Al Aseel earns 17.5 million riyals in the first quarter
Thoub Al-Aseel Company, listed on the Saudi stock market, achieved 8% growth in first-quarter ea... Read more
Gulf Markets
"SABB" early paid Sukuk by 1.5 billion riyals
The Saudi British Bank (SABB) plans to early repay its second level Sukuk, which amounts to 1.5 b... Read more
Gulf Markets
Kuwait started cutting oil production
Kuwaiti Oil Minister Khalid Al-Fadil announced that his country has begun to reduce oil supplies... Read more
Gulf Markets
SASCO's earnings fell 8.6% in the first quarter
The profits of the Saudi Automotive and Equipment Services Company (SASCO) decreased by 8.6% to r... Read more
Gulf Markets
Kuwaiti "Alafco" sues "Boeing" company
The Kuwaiti company, Alafco, to finance the purchase and leasing of aircraft, filed a lawsuit aga... Read more
Gulf Markets
Saudi GDP expected to shrink 4.5%
Standard Chartered Bank expects Saudi Arabia's gross domestic product to contract by 4.5% year-o... Read more
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