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
Mobily increases its profits by 47.5% in the second quarter 2022
The profits of Etihad Etisalat Mobily increased by 47.5% to reach, after zakat and tax, about 360 mi... Read more
Gulf Markets
Bank Albilad's quarterly profit rises 22.8% to 511 million riyals
The financial results of Bank Albilad revealed that the bank’s profits in the second quarter of this... Read more
Gulf Markets
The profits of the National Bank of Saudi Arabia increased 98% in the second quarter
The profits of the National Bank of Saudi Arabia increased by 98.14% after zakat and tax to about 4.... Read more
Gulf Markets
Beltone Financial expects the Saudi economy to grow by 8.3% in 2022
Beltone Financial expects the Saudi economy to grow by 8.3% in 2022, supported by strong growth in t... Read more
Gulf Markets
Mohammed bin Salman: "NEOM" will be offered for subscription during 2024
Saudi Crown Prince Mohammed bin Salman, chairman of NEOM, said that the NEOM project will mostly go... Read more
Gulf Markets
The Emir of Kuwait appoints his son as Prime Minister
Today, Monday, the State of Kuwait announced the issuance of an Emiri order appointing General Sheik... Read more
Gulf Markets
Profits of "Saudi Ceramics" fell 33.4% in the first half
The Saudi Ceramic Company recorded a 33.4% decline in net profits for the first half of this year to... Read more
Gulf Markets
Saudi oil exports rise 106% in May
Merchandise exports to the Kingdom of Saudi Arabia increased by 83.4% to reach 144.1 billion riyals... Read more
Gulf Markets
Bin Dawood is negotiating to acquire a stake in Eikon
BinDawood Holding Company, through its subsidiary Future Retail Information Technology, which specia... Read more
Gulf Markets
Agility closes new $700 million credit facility
Agility Public Warehousing Company, listed on the Kuwait and Dubai stock exchanges, announced the cl... Read more
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