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
1.017 billion riyals, Kingdom Holding profits in 2021
Kingdom Holding Company turned profitable during 2021, achieving profits of 1.017 billion riyals,... Read more
UAE Markets
International Holding completes its acquisition of 70% of Arena Events
The International Holding Company has completed its acquisition of a majority stake in Arena Events... Read more
Crypto currencies
Cryptocurrency collapse after the military strike on Ukraine
The start of the Russian war against Ukraine has led to a rapid decline in cryptocurrencies, with... Read more
World Markets
A jump in gold prices as the demand for a safe haven increases
Gold prices witnessed a big jump today, with increased demand for safe havens, after Russia announce... Read more
World Markets
Military operation in Ukraine jumps oil prices
International oil prices rose during trading on Thursday, coinciding with Russian President Vladimir... Read more
World Markets
Volkswagen to offer shares of Porsche to the public
Volkswagen AG plans to go public with Porsche AG, in an effort to list its most profitable assets... Read more
Gulf Markets
Halwani Brothers’ profits fall 16.5% in 2021
The profits of Halwani Brothers decreased by 16.5% to reach 84.25 million riyals in 2021, compar... Read more
Gulf Markets
Determine the final price for offering the "medicine" at 73 riyals
GIB Capital has set the final offering price of Al-Dawaa for Medical Services (Al-Dawaa) at 73 ri... Read more
UAE Markets
Borouge secures $4 billion syndicated loan
The Abu Dhabi Polymers Company (Borouge) has obtained a $4 billion syndicated loan from a consortium... Read more
Gulf Markets
Saudi "FIPCO" recommends a capital increase
The Board of Directors of the Packaging Materials Manufacturing Company (FIPCO) has recommended incr... Read more
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