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
Saudi Ceramics increased its profits by 865% in the second quarter
The profits of the Saudi Ceramic Company increased by 865.16%, after zakat and tax, to 63.33 millio... Read more
Gulf Markets
The economy of Saudi Arabia and the UAE is expected to grow by 4% in 2022
After a quarterly survey, Reuters expected that the six economies in the Gulf Cooperation Council a... Read more
World Markets
Oil prices rise amid hopes of a recovery in global demand for crude
Oil prices rose during trading on Tuesday, in light of hopes that global demand for crude would reco... Read more
World Markets
Tesla's second-quarter profit jumps to $1.14 billion
The financial statements of the giant electric car manufacturer (Tesla) showed that the bank's net p... Read more
Gulf Markets
Standard & Poor's confirms Burgan's rating and revises its outlook for the bank
Burgan Bank announced that Standard & Poor's credit rating agency has affirmed the bank's rating at... Read more
Gulf Markets
"Kuwait National Bank" discusses delisting its shares from the Egyptian Stock Exchange
The National Bank of Kuwait - Egypt announced that the Board of Directors will meet on August 10, to... Read more
World Markets
Infographic: Top 5 smart phone markets
Infographic: China ranked first as the largest market for smartphones around the world, as the numbe... Read more
World Markets
German business confidence drops
Germany's Ifo business confidence index fell suddenly in July as supply chain concerns persisted an... Read more
Gulf Markets
"SEDCO Capital REIT" acquires real estate for 700 million riyals
The Saudi Economic and Development Company for Securities, SEDCO Capital, announced the signing of... Read more
World Markets
A possible cold war between America and China
Economist Stephen Roach warns that Beijing's crackdown on US-listed Chinese companies will have wid... Read more
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