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 undertakes 7 merger deals, most of which are Emirati
Navid Kamal, Head of Banking Services for the Middle East and North Africa at Citigroup Group sta... Read more
Gulf Markets
"Saudi Printing" quarterly losses rise 23%
The financial statements of the Saudi Printing and Packaging Company showed an increase in losses fo... Read more
Gulf Markets
The UAE book 31% of the banking sector in the Gulf
According to the KAMCO report, the banking sector in the Gulf is characterized by a strong balance s... Read more
Gulf Markets
Expectations of growth of the non-oil sector in Saudi Arabia 2.6%
The Director of the Middle East and Central Asia Department at the International Monetary Fund expec... Read more
Gulf Markets
Saudi Arabia buys 620 thousand tons of wheat
The General Organization for Grains in Saudi Arabia has completed the procedures for awarding the s... Read more
Gulf Markets
Al-Andalus Real Estate distributes 70 million riyals
The shareholders of Al-Andalus Real Estate approved at the company’s general meeting yesterday, Sund... Read more
Gulf Markets
SABB quarterly profit up 24%
The financial statements of the Saudi British Bank (SABB) showed an increase in the profits for the... Read more
Gulf Markets
34 million riyals, "extra" profits in the first quarter
The financial statements of United Electronics Company (eXtra) showed that the first quarter profit... Read more
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