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
A settlement between Agility and the US Army worth 24.5 million dinars
Agility has settled with the US Army over claims by both parties relating to contracts dating back t... Read more
World Markets
The White House lowers its forecast for economic growth to 1.4% in 2022
The White House cut its forecast for US real GDP growth for 2022 sharply to 1.4% from 3.8%, its prev... Read more
Gulf Markets
"Dar Al-Arkan" increases its profits by 313% in the second quarter
The net profit of Dar Al Arkan Real Estate Development Company increased by 312.6% after zakat and t... Read more
Gulf Markets
Saudi Arabia's trade balance surplus in June was 88 billion riyals
The surplus in the trade balance of the Kingdom of Saudi Arabia rose to 88 billion riyals last June,... Read more
Gulf Markets
Kuwait raises oil production to meet rising demand
Deputy Prime Minister, Minister of Oil and Minister of State for Cabinet Affairs Muhammad Al-Faris a... Read more
Gulf Markets
Bin Dawood's profits fell 31% in the first half... and distributed 103 million riyals in cash
The financial statements of Bin Dawood Holding Company revealed that the company’s net profit after... Read more
UAE Markets
DAMAC is looking to invest one billion euros in Germany
The UAE-based Damac Properties Group is studying investment opportunities related to data centers an... Read more
Gulf Markets
Hail Cement turned a loss of 6.83 million riyals in the second quarter
Hail Cement Company turned to a loss in the second quarter of 2022 by 6.83 million riyals, compared... Read more
World Markets
Oil prices rise after the statements of the Saudi Energy Minister
Oil prices rose on Tuesday, after Saudi Arabia warned that the Organization of the Petroleum Exporti... Read more
World Markets
Apple plans to manufacture iPhone 14 in India
Apple plans to start manufacturing iPhone 14 phones in India, about two months after the initial rel... Read more
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