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 Arabia: Deepening oil cuts aimed at accelerating rebalancing of the market
The Saudi Energy Minister said that the kingdom's deepening of oil production cuts in June aims to a... Read more
Gulf Markets
Yansab distributes 12.5% cash dividends
The Board of Directors of Yanbu National Petrochemical Company (Yansab) recommended distributing... Read more
Gulf Markets
Aramco cuts production by one million barrels in June
The Saudi Ministry of Energy directed Aramco to reduce its production of crude oil, for next Jun... Read more
Gulf Markets
Saudi Aramco cuts domestic gasoline prices for May
Saudi Aramco said on Sunday that it had reduced domestic gasoline prices for the month of May. Acc... Read more
Gulf Markets
Kuwaiti Central: 821.2 million dinars, balance of payments surplus in 2019
The Central Bank of Kuwait said today, Monday, that the balance of payments of Kuwait recorded a sur... Read more
Gulf Markets
Stop the cost of living allowance in Saudi Arabia and raise the VAT to 15%
Saudi Arabia suspended the cost of living and raised the value-added tax rate in the context of mea... Read more
Gulf Markets
Saudi "Investments" fund looking to buy a stake in "GEO" platforms
The Saudi Public Investment Fund plans to buy a minority stake in Jio PLATFORMS, the digital arm... Read more
Gulf Markets
Aramco intends to review the price of the SABIC deal
Saudi Aramco is seeking to restructure a deal to buy a controlling stake in the Saudi Basic Indus... Read more
Gulf Markets
"Paper industry" requires an increase in capital
The Saudi Paper Manufacturing Company has applied to the Saudi Capital Market Authority to incre... Read more
Gulf Markets
Saudi "Nadec" turns to profitability in the first quarter
The National Agricultural Development Company (Nadec) turned to profitability, earning 18.2 milli... Read more
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