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
“The First” recommends distributing two billion riyals for the second half of 2023
The Board of Directors of First Saudi Bank recommended distributing cash dividends to shareholders f... Read more
Gulf Markets
Atheeb Telecom sets the period for trading priority rights and subscribing to new shares
Etihad Atheeb Telecommunications Company announced setting the period for trading priority rights an... Read more
Gulf Markets
Saudi Electricity Company raises $2.2 billion from an international sukuk offering
The Saudi Electricity Company raised $2.2 billion through the offering of international sukuks in tw... Read more
Gulf Markets
The TASI index continues its gains, supported by energy and basic materials, amid improved liquidity
The Saudi stock market ended yesterday's trading session in green, recording its fourth consecut... Read more
Gulf Markets
Stock indices in Saudi Arabia rose by about 0.39% at the end of today’s session.
Stocks in Saudi Arabia closed higher at the end of trading on Tuesday, as indices moved higher, as g... Read more
Gulf Markets
Standard & Poor's expects credit to Saudi banks to grow by up to 9% during 2024
Standard & Poor's credit rating agency expected credit growth for Saudi banks at a rate rang... Read more
Gulf Markets
Al-Ahli Saudi's profits grow 8% to $5.3 billion, exceeding expectations
National Bank of Saudi Arabia's profits grew 7.7% year-on-year in 2023 to reach 20 billion riyal... Read more
Gulf Markets
Saudi Investment Bank profits rise by 17% in 2023
The Saudi Investment Bank’s profits increased by about 17% to record 1.76 billion riyals during 2023... Read more
Gulf Markets
Solutions acquires 40% of Devoteam Middle East at a value of 741.7 million riyals
The Arab Internet and Communications Services Company - Solutions announced that on February 1, 2024... Read more
Gulf Markets
Aramco receives directives to maintain maximum production capacity at 12 million barrels per day
Saudi Aramco announced that it had received a directive from the Ministry of Energy to maintain the... Read more
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