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
"Thob Al Aseel" profits fell 34% in the second quarter
The net profit of Thob Al Aseel Company decreased by 34.07% to reach 34.49 million riyals after zak... Read more
Gulf Markets
Possible merger between Walaa Insurance and SABB Takaful
Walaa Insurance Company has signed a non-binding Memorandum of Understanding with SABB Takaful Compa... Read more
Gulf Markets
Annual inflation in Saudi Arabia rises 6.2% in June
The annual consumer price inflation index in the Kingdom of Saudi Arabia rose by 6.2% during last Ju... Read more
Gulf Markets
Boubyan Bank’s profits rise 25% in the first half to 21.5 million dinars
The financial statements of Boubyan Bank showed an increase in the bank's profits in the first half... Read more
Gulf Markets
BCI plans to acquire 49% of Union Chlorine
Basic Chemical Industries (BCI) has signed a non-binding letter of intent with Union Chlorine's o... Read more
Gulf Markets
Tihama reduces its capital by 42.9% before offering rights issue
Thama Advertising, Public Relations and Marketing Company, Tihama, decided to reduce and subseque... Read more
Gulf Markets
143 million riyals, profits of "Al-Riyadh Development" in the second quarter
Al-Riyadh Development Company's profits increased by 162.8% in the second quarter of 2021 to rea... Read more
Gulf Markets
Aldrees increases profits by 150% in the second quarter
Al-Drees Petroleum and Transport Services Company (Al-Drees) achieved a 150% growth in profits fo... Read more
Gulf Markets
12 million riyals cash dividends for "Taleem REIT"
Saudi Fransi Capital decided to distribute cash dividends of 12,240,000 Saudi riyals to the unit... Read more
Gulf Markets
26.7 million riyals, profits of "Herfy Foods" in the second quarter
Herfy Food Services Company (Herfy Food) turned profitable in the second quarter of 2021, to reco... Read more
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