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
GFH Acquires Clinics Portfolio for $400 Million
GFH Financial Group announced the expansion of its medical office/clinic segment with its second cli... Read more
Gulf Markets
100 riyals per share, the offering price of "Arab Drilling"
The final offering price of the Arabian Drilling Company was set at 100 riyals per share. According... Read more
Gulf Markets
Arabia Contracting acquires an advertising company for 1.05 billion riyals
The Arab Technical Contracting Company announced the conclusion of a purchase agreement to acquire t... Read more
Gulf Markets
Aramco launches project to manufacture drilling rigs
Saudi Aramco has launched a joint venture to manufacture drilling rigs for the first time in Saudi A... Read more
Gulf Markets
"Retal" signs a contract to develop 550 housing units in Riyadh at a value of 605 million riyals
Retal Urban Development Company announced that it had signed, on Monday, a sub-development agreement... Read more
Gulf Markets
"Extra" profits rise 6% in the third quarter to 94.2 million riyals
The financial statements of the United Electronics Company (Extra) revealed an increase in the compa... Read more
Gulf Markets
Institutions cover the subscription of "utilities" within hours
The institutions covered the subscription of electricity and water utilities in Jubail and Yanbu Mar... Read more
Gulf Markets
Offering 29.24% of the Saudi “Mahrafiq” with a price range between 41 and 46 riyals per share
HSBC Saudi Arabia and Riyad Capital, in their capacity as financial advisors, bookrunners and underw... Read more
Gulf Markets
Almarai profits rise 13.2% in the third quarter
The financial statements of Almarai revealed that the company's profits in the third quarter of... Read more
Gulf Markets
Saudi Investments begins subscribing the first green bonds
Today, Wednesday, the Saudi Public Investment Fund (PIF) began receiving orders to sell green bonds... Read more
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