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
"Advanced" profits fell 4% in the first quarter
The Saudi Advanced Petrochemical Company recorded a 4% decline in profits for the first quarter o... Read more
Gulf Markets
Saudi industrial production grows at the fastest pace in 4 years
S&P Global, data showed that Saudi companies are generally optimistic about future activity. to 56... Read more
Gulf Markets
Solutions acquires 89.5% of Giza Systems
The Arab Company for Internet Services and Communications Solutions has signed a binding offer to ac... Read more
Gulf Markets
NADEC's losses reach 2.96% by the end of 2021
The National Agricultural Development Company (NADEC) said in a statement today, Sunday, that its ac... Read more
Gulf Markets
Jabal Omar increases its capital by settling the assets of the Alinma Makkah Real Estate Fund
Bab Omar Company has entered into a binding implementation agreement with the manager of the Alinma... Read more
Gulf Markets
Standard & Poor's raises Oman's credit rating
Standard & Poor's raised the credit rating of the Sultanate of Oman from (B+) to (BB-) with a stable... Read more
Gulf Markets
946 million riyals, profits of "Jabal Omar" in 2021
Jabal Omar Development Company was able to achieve profits of 946.2 million riyals in 2021, compare... Read more
Gulf Markets
The Saudi "Investments" and "STC" establish a company for the "Internet of Things"
The Saudi Telecom Company (STC) and the Public Investment Fund signed an agreement to establish a... Read more
Gulf Markets
Bin Dawood’s profits drop 46.3% in 2021
Bin Dawood Holding Company recorded a 46.27% decrease in net profits for the year 2021, to reach... Read more
Gulf Markets
"Advanced" distributes 5.5% cash dividends for the first quarter
The Board of Directors of the Advanced Petrochemical Company has approved the distribution of cas... Read more
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