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
Bin Dawood intends to acquire 62% of "International Applications"
The Future Retail Information Technology Company, which is 100% owned by Bin Dawood Holding Compa... Read more
Gulf Markets
Transferring 4% of Aramco shares to a Saudi fund
Saudi Arabia's Crown Prince, Mohammed bin Salman, announced the transfer of 4% of Saudi Aramco's sha... Read more
Gulf Markets
$64 million in profits for “Ooredoo Kuwait” in 2021
The National Mobile Telecommunications Company (Ooredoo Kuwait) announced profits last year of 19.25... Read more
Gulf Markets
GFH increases its quarterly profit by 9%
GFH Financial Group posted a 9% increase in fourth-quarter 2021 profit to $24 million. Accord... Read more
Gulf Markets
Riyad Bank issues sukuk worth $750 million.
Today, Thursday, Riyad Bank completed the issuance of Tier 1 capital bonds denominated in US dollar... Read more
Gulf Markets
The Saudi economy will grow 3.3% during 2021
The real GDP of the Kingdom of Saudi Arabia achieved a positive growth of 6.8% in the fourth quar... Read more
Gulf Markets
82 riyals, the final offer price for the “medical” share
Al-Dakhil Financial Group, in its capacity as the financial advisor to the Arab International Medic... Read more
Gulf Markets
Qassim Cement's annual profit drops 29.7%
The profits of Qassim Cement Company declined by 29.67% in 2021, to reach 295.27 million riyals aft... Read more
Gulf Markets
Al-Othaim Markets profits decline 32% in 2021
Abdullah Al Othaim Markets Company (Al Othaim Markets) recorded a 32.3% decline in annual profits... Read more
Gulf Markets
Bahri’s profits increased by 18.6% in the fourth quarter
The profits of the National Shipping Company of Saudi Arabia increased by 18.62% to reach, after za... Read more
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