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
Al-Ahly of Saudi Arabia increases its quarterly profits by 20%
The National Bank of Saudi Arabia achieved a 19.85% increase in profits for the third quarter of... Read more
Gulf Markets
3.8 billion riyals, profits of Al-Rajhi Bank in the third quarter
Al-Rajhi Bank achieved a 42.7% growth in net profit for the third quarter of this year to reach 3... Read more
Gulf Markets
29 - 34 riyals, the price of offering "Nayifat Finance" in the Saudi market
The IPO managers for Nayifat Finance Company, Nayifat Finance Company, set the offering price range... Read more
Gulf Markets
"Al-Riyadh Development" increases its profits by 28% in the third quarter
Al-Riyadh Development Company's profits increased by 28.49%, after zakat and tax, to 70.8 million ri... Read more
Gulf Markets
"Nadec" turned to profitability in the third quarter
The National Agricultural Development Company (NADEC) was able to turn to profitability after zakat... Read more
Gulf Markets
91.7 million riyals, profits of "SADAFCO" in six months
The financial statements of the Saudi Dairy and Food Products Company (SADAFCO) showed a decline in... Read more
Gulf Markets
140.7 million riyals, "advanced" dividends for the third quarter
Advanced Petrochemical Company has agreed to distribute cash dividends to shareholders totaling 1... Read more
Gulf Markets
Sipchem's profits jump to 1.03 billion riyals
The Sahara International Petrochemical Company (Sipchem) managed to achieve a big jump in profits... Read more
Gulf Markets
AM Best announces the rating of “Gulf Insurance”
The credit rating agency, AM Best, has announced the affirmation of Kuwait's Gulf Insurance Group ra... Read more
Gulf Markets
$4.5 billion bonds for Aramco oil pipelines
Investors in Saudi Aramco's oil pipelines plan to issue billions of dollars in bonds this week, Bloo... Read more
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