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
MEPCO increases its profits by 229% in 2020
The Middle East Paper Manufacturing and Production Company (MEPCO) achieved a growth in profits by... Read more
World Markets
Vitol achieves record profits in 2020
According to ArabiaNet, the Bloomberg report indicated that the company has not yet closed its a... Read more
Crypto currencies
The "Bolcadot" merger spurs higher prices for Rennes, Ocean and Sealer
The projects that facilitate cross-string with the Pocadot system rose to new high levels while the... Read more
World Markets
Oil prices rise amid fears of reduced demand for crude
global oil prices rose during trading today, Wednesday, amid fears of a decline in demand for crude... Read more
Gulf Markets
A new review by "FTSE" for the Kuwait Stock Exchange
The FTSE Russell Foundation decided to rebalance the Kuwaiti stocks for the FTSE indices, as it ann... Read more
UAE Markets
UAE's ADNOC begins official moves to purchase Egyptian "Wataniya Petroleum"
The UAE-based ADNOC Group has recruited consultants to assist it in preparing a proposal to be pres... Read more
UAE Markets
3.172 trillion dirhams total bank assets in the UAE
The latest statistics issued by the UAE Central Bank showed that total banking assets, including ba... Read more
Gulf Markets
Enaya reduces its annual losses by 68.5%
The Saudi Enaya Cooperative Insurance Company recorded losses of $ 31.9 million during 2020, reduc... Read more
Gulf Markets
Saudi GDP declined 3.9% in the fourth quarter of 2020
Saudi Arabia's GDP fell 3.9% in the fourth quarter of last year compared to the same period a year... Read more
Gulf Markets
Nadec turns profitable in 2020
The National Agricultural Development Company (Nadec) achieved 35.65 million riyals in 2020, compar... Read more
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