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
57.5 billion riyals Saudi budget surplus in the first quarter
The Kingdom of Saudi Arabia's budget achieved a surplus of 57.5 billion riyals during the first quar... Read more
Gulf Markets
Saudi inflation rises 2.3% in April
The consumer price index, the inflation rate in Saudi Arabia for the month of April 2022, increased... Read more
Gulf Markets
Aramco's profits jump 82% in the first quarter to 148 billion riyals
The financial statements of the Saudi Arabian Oil Company (Saudi Aramco) showed an increase in the c... Read more
Gulf Markets
The profits of the Saudi Tadawul Group decline 21.7% in the first quarter
The financial statements of the Saudi Tadawul Group Company showed a decline in the group's profits... Read more
Gulf Markets
Aramco's general assembly approves 25% capital increase
The extraordinary general assembly of the Saudi Arabian Oil Company (Aramco), last Thursday, approve... Read more
Gulf Markets
"Al-Dawaa" increases its profits by 10.5% in the first quarter
Al-Dawaa Medical Services Company achieved profits of 87.1 million riyals at the end of the first qu... Read more
Gulf Markets
“SABIC” profits rise 33% in the first quarter to 6.5 billion riyals
The financial statements of the Saudi Basic Industries Corporation (SABIC) showed an increase in the... Read more
Gulf Markets
Arab Contracting Company distributes 92.5 million riyals in cash dividends
The shareholders of the Arab Company for Technical Contracting approved, during the extraordinary ge... Read more
Gulf Markets
Al-Othaim Markets increased its profits by 58% in the first quarter
The profits of Abdullah Al-Othaim Markets Company increased to 58% in the first quarter of 2022, wit... Read more
Gulf Markets
"Al-Othaim Investment" intends to offer 30% of its shares in the Saudi market
Abdullah Al-Othaim Al-Othaim Investment Company intends to offer part of its shares for the initial... Read more
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