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
Bank Albilad establishes a joint stock company with a capital of 200 million riyals
Bank Albilad has announced the establishment of the Enjaz Payments Services Company, a closed joint... Read more
Gulf Markets
MEPCO increases its profits by 130% in the second quarter
The profits of the Middle East Paper Manufacturing and Production Company MEPCO increased by 130.2%... Read more
Gulf Markets
The Saudi economy is expected to exceed one trillion dollars
Oxford Economics expected that the Saudi gross domestic product will achieve a growth of 7.5% in 202... Read more
Gulf Markets
48.2 million riyals, losses of "Red Sea International" in the second quarter
The Red Sea International Company incurred quarterly losses of 48.2 million riyals in the second qua... Read more
Gulf Markets
Al-Habib Medical Group recommends distributing 8.6% cash dividends
The Board of Directors of Dr. Sulaiman Al Habib Medical Services Group recommended the distribution... Read more
Gulf Markets
Elm increases its profits by 77% in the second quarter of 2022
Elm's quarterly profits increased by 77% in the second quarter of 2022, to 195 million riyals, compa... Read more
Gulf Markets
1.6 billion riyals, profits of "Riyadh Bank" in the second quarter
The financial statements of Riyad Bank revealed an increase in the bank’s profits in the second quar... Read more
Gulf Markets
Saudi PMI rises in July as jobs increase
The Purchasing Managers' Index in Saudi Arabia scored 56.3 points in July 2022, in light of the... Read more
Gulf Markets
2.8 billion riyals, profits of "STC" Saudi Arabia in the second quarter
The financial statements of the Saudi Telecom Company (STC) showed a slight increase in the company'... Read more
Gulf Markets
Bank Al-Jazira's profits rise 10.5% in the first half... and distribute 328 million riyals in cash
The results of Bank Al-Jazira revealed an increase in the bank’s profits in the first half of this y... Read more
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