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
UAE Markets
UAE: Strong demand for an auction of 9 billion dirhams of Treasury bonds
The Ministry of Finance in the United Arab Emirates said today, Tuesday, that the fifth auction of t... Read more
Gulf Markets
Bank Albilad profits rise 20.2% in the third quarter to 540.6 million riyals
The financial statements of Bank Albilad revealed an increase in the bank’s profits in the third qua... Read more
World Markets
Tesla shares fall after car prices cut in China
Electric car maker Tesla cut the prices of some of its cars in China, causing the company's shar... Read more
World Markets
The price of gas in Europe fell to less than 100 euros
Natural gas prices in Europe fell below 100 euros per megawatt-hour for the first time since June. A... Read more
Gulf Markets
812.3 million riyals, losses for the Saudi "Kayan" in the third quarter
Saudi Kayan Petrochemical Company incurred losses of 452.8 million riyals in the period ending on Se... Read more
Gulf Markets
The Saudi "Investment Fund" launches a company to develop halal products
The Saudi Public Investment Fund announced the launch of the Halal Products Development Company, whi... Read more
World Markets
Industrial production in China rose 6.3% in September
Chinese data showed today, Monday, that industrial production in the country rose by 6.3% during the... Read more
UAE Markets
Empower plans to offer 10% of its shares for subscription in the Dubai market
The CEO of the Emirates Central Cooling Systems Corporation (Empower), Ahmed Shafar, said that the c... Read more
Gulf Markets
Bahri achieves a 1,400% jump in third-quarter profits
The Saudi National Shipping Company achieved a 1.40% jump in net profits for the third quarter of 20... Read more
Gulf Markets
Al-Rajhi Bank increases profits by 15% in the third quarter
Al-Rajhi Bank achieved a 14.8% increase in profits for the third quarter of 2022 to reach 4.35 billi... Read more
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