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
17.35 million riyals, "Nadec" losses in the second quarter
The National Agricultural Development Company (NADEC) incurred losses of 17.35 million riyals in the... Read more
World Markets
SoftBank buys stake in Swiss Roche
Japan's SoftBank Group Corp. has bought a $5 billion stake in Swiss company Roche Holding AG, placi... Read more
UAE Markets
RAK Ceramics' profits jump 953% in the first half, with increased revenues
The financial statements of RAK Ceramics showed a jump in the company's profits during the first hal... Read more
Gulf Markets
1.9 billion riyals, "SAP" profits in the first half
The financial statements of the Saudi British Bank (SABB) showed the bank's turn to profitability in... Read more
Gulf Markets
Savola's profits fell 39.2% in the first half to 354 million riyals
The financial statements of the Saudi Savola Group showed a decline in the company's profits in the... Read more
Gulf Markets
KFH profits 341 million dollars in the first half, an increase of 79.5%
The financial statements of Kuwait Finance House Bank (KFH) showed an increase in the bank's profits... Read more
Gulf Markets
The European Commission approves DSV's acquisition of a subsidiary of Kuwait's Agility
The European Commission stated on its website that it had approved, under the EU merger regulation,... Read more
World Markets
Brent crude stabilizes and NYMEX declines before the release of US stockpiles data
US Nymex crude fell during trading on Wednesday, despite preliminary estimates indicating a decline... Read more
Gulf Markets
The wealth of the Gulf will reach $2.7 trillion by 2025
The new annual global wealth management report issued by the Boston Consulting Group indicated that... Read more
Gulf Markets
Launching the largest money transfer company in the Middle East
The financial consortium that acquired troubled payments company Finablr has merged it with Bahrain... Read more
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