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
Today... the start of trading "Elam" shares in the Saudi market
The Saudi Stock Exchange (Tadawul) announced the start of trading the shares of Elm Company on the S... Read more
Gulf Markets
The Saudi inflation index rose 1.2% in January
The consumer price index (inflation rate) in Saudi Arabia increased by 1.2% in January 2022 compa... Read more
Gulf Markets
The Saudi Sovereign acquires $56 billion in US-listed shares
The Saudi Public Investment Fund, the kingdom's sovereign wealth fund, announced that it had acquire... Read more
Gulf Markets
Al-Rajhi Bank’s profits rise 39.2% in 2021
The financial statements of the Saudi Al-Rajhi Bank showed an increase in profits last year by 39.2%... Read more
Gulf Markets
Bin Dawood intends to acquire 62% of "International Applications"
The Future Retail Information Technology Company, which is 100% owned by Bin Dawood Holding Compa... Read more
Gulf Markets
Transferring 4% of Aramco shares to a Saudi fund
Saudi Arabia's Crown Prince, Mohammed bin Salman, announced the transfer of 4% of Saudi Aramco's sha... Read more
Gulf Markets
$64 million in profits for “Ooredoo Kuwait” in 2021
The National Mobile Telecommunications Company (Ooredoo Kuwait) announced profits last year of 19.25... Read more
Gulf Markets
GFH increases its quarterly profit by 9%
GFH Financial Group posted a 9% increase in fourth-quarter 2021 profit to $24 million. Accord... Read more
Gulf Markets
Riyad Bank issues sukuk worth $750 million.
Today, Thursday, Riyad Bank completed the issuance of Tier 1 capital bonds denominated in US dollar... Read more
Gulf Markets
The Saudi economy will grow 3.3% during 2021
The real GDP of the Kingdom of Saudi Arabia achieved a positive growth of 6.8% in the fourth quar... Read more
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