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
Chemanol's profit jumps 244% in the first quarter
The financial statements of Methanol Chemicals Company (Chemanol) showed an increase in the company'... Read more
Gulf Markets
Fitch's credit rating for Saudi Arabia at A
In light of the improvements in the balance sheet following the rise in oil revenues and the consoli... Read more
Gulf Markets
Riyad Bank distributes 5.4% cash dividends for the second half of 2021
The General Assembly of Riyad Bank approved the Board of Directors' recommendation to distribute cas... Read more
Gulf Markets
10% cash dividends for Almarai shareholders for the year 2021
The Extraordinary General Assembly approved, on Tuesday, the Board of Directors’ recommendation to... Read more
Gulf Markets
Bank Albilad's general assembly approves grant distributions and capital increase
Bank Albilad's general assembly approved, in its meeting held on Monday, the bank's board of directo... Read more
Gulf Markets
Execution of the Saudi Group's acquisition of Petrochem
Today, Monday, the Saudi Stock Exchange announced the implementation of the Saudi Industrial Investm... Read more
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
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