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
Today, the trading of "Al-Amar Food" shares begins in the Saudi market
Today, the listing and trading of Alamar Food Company begins in the main Saudi market with the tradi... Read more
Crypto currencies
"Bitcoin" rises 3.2% and reaches 23,880 dollars
Billionaire Michael Novogratz, founder of crypto financial services company Galaxy Digital Holdings,... Read more
Gulf Markets
SABIC increases profits by 3.8% in the second quarter of 2022
The profits of the Saudi Basic Industries Corporation (SABIC) increased by 3.79% after zakat and tax... Read more
World Markets
SoftBank lost $23.4 billion in the second quarter
SoftBank Group incurred a net loss of 3.16 trillion yen (23.4 billion US dollars) in the second quar... Read more
UAE Markets
ADNOC Distribution's profits rise 71% in the second quarter
ADNOC Distribution's profits increased by 70.9% to reach about 891.15 million dirhams in the second... Read more
World Markets
Gold slips after US interest rate hike prospects increase
Gold prices fell, after strong US jobs data last week boosted the possibility of the US central bank... Read more
Gulf Markets
Bank Albilad establishes a joint stock company with a capital of 200 million riyals
Bank Albilad has announced the establishment of the Enjaz Payments Services Company, a closed joint... Read more
World Markets
OZ Minerals rejects a takeover offer from the world's largest mining company
The Australian company, OZ Minerals, rejected the takeover offer submitted by the BHP Group, the lar... Read more
Gulf Markets
MEPCO increases its profits by 130% in the second quarter
The profits of the Middle East Paper Manufacturing and Production Company MEPCO increased by 130.2%... Read more
Gulf Markets
The Saudi economy is expected to exceed one trillion dollars
Oxford Economics expected that the Saudi gross domestic product will achieve a growth of 7.5% in 202... Read more
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