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
Budget Saudi Arabia’s quarterly profit increased 40%
The quarterly profits of the United International Transportation Company Budget Saudi Arabia increa... Read more
Gulf Markets
Saudi Electricity increases its quarterly profit by 235%
The profits of the Saudi Electricity Company increased by 235.3% to reach 7.38 billion riyals in... Read more
Crypto currencies
Florida mayor accepts bitcoin payments
Jane Castor, the mayor of Tampa Bay, Florida, has announced that she will begin accepting her salary... Read more
UAE Markets
179.3 million dirhams, “Aramex” profits in 9 months
The financial statements of the UAE company Aramex showed a 14% decline in the company's net profits... Read more
Gulf Markets
Moody's adjusts its outlook for Saudi Arabia
Moody's Investors Service announced that it has revised its outlook for the government of Saudi Arab... Read more
World Markets
China's exports rise 27.1% in October
Customs data in the People's Republic of China showed that the country's exports increased by 27.1%... Read more
Gulf Markets
The Public Investment Fund is studying the establishment of a company for phone towers
The Public Investment Fund is considering merging the mobile phone infrastructure of the Saudi Telec... Read more
Gulf Markets
Nadec signs 3 agreements with Pure Harvest for smart farms
Today, Thursday, the National Agricultural Development Company (NADEC) signed 3 agreements with Pur... Read more
Gulf Markets
Hail Cement's profits fell 73.9% in the third quarter
The preliminary results of Hail Cement Company showed a decrease in net profit by 73.9% to reach 5.... Read more
Gulf Markets
Tawuniya’s profits fell 21% in the third quarter
The preliminary financial statements of the Tawuniya Insurance Company showed a decrease in net pro... Read more
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