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
Kuwait expects to fully operate the Dorra gas field by 2029
Deputy Director General of the Kuwait Oil Company, Shaima Al-Ghunaim, confirmed that the Dorra Gas F... Read more
Gulf Markets
$3.2 billion net foreign purchases of Saudi stocks during 9 months of 2023
Net inflows of foreign investors into the Saudi Tadawul stock market recorded a decline during the f... Read more
Gulf Markets
Saudi Arabia's Almarai invests $108 million in expanding its production
Almarai Saudi Company intends to spend 405 million riyals ($108 million) to increase its production... Read more
Gulf Markets
The price of a barrel of Kuwaiti oil fell to $97.9
The price of a barrel of Kuwaiti oil fell by 74 cents to reach $90.97 per barrel in trading yesterda... Read more
Gulf Markets
Aramco signs an agreement to acquire 10% of the Chinese Shenghong Petrochemical Company
Today, Wednesday, Saudi Arabian Oil Company (Saudi Aramco) signed a framework cooperation agreement... Read more
Gulf Markets
Qatar Investment Authority pumps $1 billion into Ambani's retail unit
Qatar's sovereign fund has pumped 82.78 billion rupees ($1 billion) into the fast-growing retail... Read more
Gulf Markets
Tadawul: Two special deals worth 287.6 million riyals for “Dar Al-Arkan” and “Al-Ahly”
During today's session, Tuesday, the Saudi stock market witnessed the execution of two transacti... Read more
Gulf Markets
Foreign Minister: The Kingdom stresses the importance of collective cooperation with OPEC Plus in stabilizing global oil markets
Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs, said that the Kingdom of Saudi A... Read more
Gulf Markets
The Saudi market is an official holiday on the occasion of National Day
Today, Sunday, September 24, 2023, the Saudi market is witnessing an official holiday in celebration... Read more
Gulf Markets
Gulf central banks keep interest rates unchanged
Central banks in the Gulf kept interest rates unchanged, in line with the US Federal Reserve’s decis... Read more
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