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
Petrochemical Advanced
The financial statements of the Advanced Petrochemical Company showed the estimated profits of the... Read more
Gulf Markets
Saudi Arabia denies withdrawal from the OPEC + agreement
The Saudi foreign minister, Prince Faisal bin Farhan Al Saud, said that the statement attributed... Read more
Gulf Markets
Al Andalus Real Estate distributes 70 million riyals in annual cash dividends
The Board of Directors of Al-Andalus Real Estate Company recommended distributing 10% cash dividend... Read more
Gulf Markets
“Almarai” pays the value of Sukuk in the amount of 787 million riyals
Almarai Company announced the full payment of the value of the Sukuk (second issue) with a total am... Read more
Gulf Markets
Gulf banks reduce lending to avoid a dollar liquidity crisis
Bankers said Gulf banks are seeking to reduce lending to reduce potential losses due to the Coron... Read more
Gulf Markets
Corona threatens the profits of Gulf insurance companies
Standard & Poor's said that the repercussions of the Coruna virus and the decline in oil prices w... Read more
Gulf Markets
Profit margins cut Saudi Pipe's annual losses 84%
In addition, the company recorded a free cash flow of 43 million riyals in 2019, compared to a... Read more
Gulf Markets
"MEPCO" buys a plot of land in King Abdullah City for 83.2 million riyals
The Middle East Paper Manufacturing (MEPCO) announced the signing of an agreement to purchase a plot... Read more
Gulf Markets
Saudi "Bahri" liquidates a subsidiary
The Saudi National Shipping Company (Bahri) announced that, as part of a review of the company’s st... Read more
Gulf Markets
420.2 million riyals in Kingdom profits in 2019, a decline of 38.4%
The company's revenues decreased last year to 2.23 billion riyals, compared to 2.58 billion riy... Read more
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