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
Northern Cement distributes 45 million riyals in cash dividends for the second half
The board of directors of the Northern Region Cement Company recommended, in its meeting held last... Read more
Gulf Markets
Arabian Centers launches a number of new cinemas in its commercial centers
Arabian Centers announced that it has announced its success in launching three new cinemas in its c... Read more
Gulf Markets
Liquidity in Saudi Arabia is achieving a historic level
Liquidity in the Saudi economy has reached its highest level ever, reaching 2.04 trillion riyals... Read more
Gulf Markets
Next Sunday ... the launch of the financial derivatives market in Saudi Arabia
The derivatives market in Saudi Arabia will be launched next Sunday, with the start of trading f... Read more
Gulf Markets
Saudi "Salama" turns profitable in the first half
The financial statements of Salama Cooperative Insurance Company showed the company's shift in prof... Read more
Gulf Markets
Saudi Electricity expects joint local murabaha financing of 9 billion riyals
The Saudi Electricity Company announced on Wednesday that it had signed a joint local murabaha fina... Read more
Gulf Markets
ACIG General Assembly Approves 29.5% Capital Reduction
The general assembly of the United Cooperative Insurance Group (ACIG), in its meeting held on Wedne... Read more
Gulf Markets
Amiantit reduces statutory reserves to amortize part of the accumulated losses
Saudi Arabian Amiantit Company announced the reduction of the statutory reserve to extinguish part... Read more
Gulf Markets
Kingdom Holding loses 1.12 billion riyals in the second quarter
Saudi Kingdom Holding Company turned to losses in the second quarter of 2020 to record losses of... Read more
Gulf Markets
Saudi "SABB" increases its losses 3400% in the second quarter
The Saudi British Bank (SABB) increased its losses by 3400% to reach about 6.8 billion riyals in... Read more
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