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
Yamama Cement profits grow 53% in the second quarter
Yamama Cement Company recorded a quarterly profit of 77.7 million riyals in the second quarter of 2... Read more
Gulf Markets
175 million riyals, "South Cement" distributions for the first half
The Board of Directors of the Southern Region Cement Company, Southern Cement, approved the distr... Read more
Gulf Markets
SADAFCO's profit drops 46% in the second quarter
The Saudi Dairy and Food Products Company, SADAFCO, achieved profits in the second quarter of this... Read more
Gulf Markets
Ooredoo-Kuwait's profits jump 320 percent in the first half... and revenues are 295 million dinars
The financial statements of the National Mobile Telecommunications Company (Ooredoo - Kuwait) showed... Read more
Gulf Markets
Burgan Bank's profits rise 6% in the first quarter to 24 million dinars
The financial statements of Burgan Bank showed an increase in the bank's profits in the first half o... Read more
Gulf Markets
"Fitch" rates 6 Saudi banks at "BBB +"
Fitch Ratings has rated the outlook of six Saudi banks to stable from negative, and affirmed the lon... Read more
Gulf Markets
Zahrat Al-Waha's profits rose 146% in the second quarter
The profits of Zahrat Al-Waha Trading Company increased by 145.8%, after zakat and tax, to 16.28 mi... Read more
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
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
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