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
$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
World Markets
Pfizer expects 50% revenue growth in 2022
Pfizer expects significant growth in its revenues from its sales of vaccines and Corona medicines d... Read more
UAE Markets
Agthia increases its profits by 49% in 2021
Agthia Group achieved an increase in profits in the fiscal year ending on December 31, 2021, where t... Read more
World Markets
Elon Musk loses 40 satellites
Elon Musk's SpaceX company announced the loss of 40 satellites in a space storm that destroyed mo... 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
UAE Markets
Aldar Properties profits grow 20% in 2021
Aldar Properties achieved a net profit growth of 20% compared to 2020, after announcing its prelimi... Read more
UAE Markets
Dana Gas turns profitability at $317 million in 2021
Dana Gas turned profitable during the year 2021, with a net profit of 1.16 billion dirhams (317 mil... Read more
UAE Markets
First Abu Dhabi intends to acquire Hermes in Egypt
Bloomberg reported that First Abu Dhabi Bank intends to submit an offer to buy EFG Hermes in Egypt.... Read more
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