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
Halwani Brothers profits grow 1.2% in the second quarter
Halwani Brothers Company recorded a net profit growth of 1.2% to reach 26.24 million riyals in the... Read more
Gulf Markets
Sulaiman Al Habib's profits grew 69% in the second quarter
Dr. Sulaiman Al Habib Medical Services Group achieved a profit growth of 69.26%, reaching 325.4 mil... Read more
Gulf Markets
5.8 billion riyals, profits of Saudi Electricity in the second quarter
The Saudi Electricity Company achieved profits of 5.8 billion riyals in the second quarter, compared... Read more
World Markets
Global negative-yielding debt rises above $16.5 trillion
The value of global negative-yielding debt stocks rose to more than $16.5 trillion, the highest lev... Read more
Gulf Markets
Walaa Insurance’s profits fell 62.8% in the second quarter
The profits of Walaa Cooperative Insurance Company decreased by 62.83% to reach 10.53 million riyal... Read more
Gulf Markets
"Bawan" increases its profits by 179% in the second quarter
Bawan Company achieved a jump in net profits by 178.8%, as the net profit amounted to 43.121 millio... Read more
Gulf Markets
Saudi Pipes reduced its losses by 70% in the second quarter
The Saudi Steel Pipe Company (Saudi Pipes) reduced its losses by 70% to reach 8 million riyals durin... Read more
Gulf Markets
Al-Khudari's creditors reject financial reorganization
The creditors of Abdullah Abdulmohsin Al-Khodari Sons Company rejected the company's financial reorg... Read more
UAE Markets
Dubai Investments achieves 302 million dirhams during the first half
Dubai Investments achieved a net profit of 47%, amounting to 302 million dirhams for the first half... Read more
UAE Markets
Aramex profits down 33% in the first half
Aramex's financial statements showed a decline in the company's profits in the first half of this ye... Read more
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