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 "Herfy" distributes 71 million riyals of semi-annual profits
Herfy Food Services Company, listed on the Saudi market, has announced a cash dividend of 71.148... Read more
Gulf Markets
Riyadh Development profits fell 18.7% in 2019
Riyad Development Company's net profit decreased by 18.7% to reach 165.8 million riyals in 2019,... Read more
Gulf Markets
Astra industrial profits grew 32% in 2019
Astra Industrial Group listed on the Saudi financial market achieved a growth of 32% in net prof... Read more
Gulf Markets
S&P: Serious Corona Impacts on the Gulf Markets
A recent report by Standard & Poor's credit rating agency included severe warnings of the impact of... Read more
Gulf Markets
Gulf stocks lose more than 7% in the beginning of trading
The beginning of today's trading witnessed sharp declines in Gulf stocks, as the Dubai Financial Mar... Read more
Gulf Markets
Russian Investment Fund: Partnership continues with Saudi Arabia
Kirill Dmitriyev, head of the Russian direct investment fund, confirmed that Russia and Saudi Ara... Read more
Gulf Markets
Saudi Arabia plans to reduce its budgets for 2020
The Kingdom of Saudi Arabia requested government departments to submit proposals to reduce their... Read more
Gulf Markets
Saudi "Wires" officially requests the reduction of its capital
Etihad Wire Factories Company has submitted an official request to the Saudi Capital Market Auth... Read more
Gulf Markets
Aramco receives government directive to increase daily production capacity of oil
Saudi Aramco announced that it had received a directive from the Ministry of Energy to raise the lev... Read more
Gulf Markets
Atta Educational buys "Al-Falah", for 50 million riyals
Ataa Educational Company announced the signing of an agreement to purchase the full shares of Al-Fal... Read more
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