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
160 million riyals, city cement profits in 2021
The profits of the City Cement Company decreased by 27.3% to reach 160.3 million riyals in 2021, co... Read more
Gulf Markets
Sasco increases its profits by 27% in 2021
The Saudi Automotive Services Company (SASCO) achieved a 26.7% growth in its net profit to reach... Read more
Gulf Markets
Petro Rabigh earns 2 billion riyals in 2021
The Rabigh Refining and Petrochemical Company (Petro Rabigh) achieved profits of more than 2 bill... Read more
Gulf Markets
Saudi Arabia raises the purchase price of local wheat
The General Organization for Grains in the Kingdom of Saudi Arabia announced an increase in the purc... Read more
Gulf Markets
150 million riyals, "Extra" dividends for the second half of 2021
The Board of Directors of the United Electronics Company (Extra) decided to distribute cash divid... Read more
Gulf Markets
4.6 billion riyals to cover the offering of individuals in the subscription of "Al-Dawaa"
The value of the individuals' offering in the Al-Dawaa Medical Services IPO amounted to more than... Read more
Gulf Markets
Riyad Bank's profits rise 28% in 2021
The financial statements of Riyad Bank showed an increase in the bank's profits last year by 27.8% c... Read more
Gulf Markets
The Saudi market reaches its highest level in nearly 16 years
The main index of the Saudi stock market, TASI, reached its highest level in nearly 16 years.... Read more
Gulf Markets
Saudi "Tadawul" profits rise 17.4% in 2021... and cash dividends
The financial statements of the Saudi Tadawul Group Holding Company showed an increase in the compan... Read more
Gulf Markets
A shareholder requests the dismissal of the Chairman of the Board of Directors of "Herfy Foods"
Herfy Food Services Company (Herfy Foods) has received a letter from a shareholder who owns more... Read more
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