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
Qassim Cement intends to acquire Hail Cement
Qassim Cement and Hail Cement have signed a non-binding agreement on a securities exchange deal unde... Read more
Gulf Markets
"Anabeeb" signs a contract with "Saudi Aramco" worth 155 million riyals
The Arab Pipe Company (Anabeeb) announced that it had won a contract to supply pipes in favor of Sau... Read more
Gulf Markets
The Saudi Central Bank raises "repo" rates by 3.75%
The Saudi Central Bank, following the example of the US Federal Reserve, decided to raise the rate o... Read more
Gulf Markets
"Al Sagr Insurance" reduced its losses to 26.8 million riyals in the first quarter
Al Sagr Cooperative Insurance Company reduced its losses to record 26.8 million riyals at the end of... Read more
Gulf Markets
Saudi "Investments" expands its team in America
USSA International, a subsidiary of the Saudi Public Investment Fund, plans to hire a team of 50 emp... Read more
Gulf Markets
"Retal" develops 759 housing units in Riyadh with 864 million riyals
Retal Urban Development Company announced that it signed, yesterday, Monday, a sub-development agree... Read more
Gulf Markets
Signing a memorandum of understanding between the Saudi and Emirati "Central" for insurance supervision
The Central Bank of Saudi Arabia has signed a memorandum of understanding with the Central Bank of t... Read more
Gulf Markets
“Almarai” repays the entire value of the sukuk amounting to 1.6 billion riyals
Almarai Company announced the payment of the full value of the Sukuk (the fifth issue) amounting to... Read more
Gulf Markets
The accumulated losses of "Saudi Cables" shrink to 59.8 million riyals
Saudi Cable Company announced a decrease in its accumulated losses by (69.4%) as a result of the cap... Read more
Gulf Markets
"Public Investments" intends to buy a stake in a subsidiary of "Sera"
Seera Group Holding (Sera) entered into a non-binding agreement with the Saudi Public Investment Fun... Read more
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