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
Close all stores of Jarir Bookstore in Saudi Arabia due to "Corona"
Jarir Marketing Company has confirmed the temporary closure of all the stores of Jarir Bookstore in... Read more
Gulf Markets
Uber service suspended in Saudi Arabia due to Corona
Uber in Saudi Arabia announced on Friday that it had suspended its taxi operations until further... Read more
Gulf Markets
Saudi Arabia supports the economy with 32 billion dollars to confront Corona
Saudi official television announced that the Kingdom will support the economy with a value exceed... Read more
Gulf Markets
Middle East airlines lose $ 7.2 billion from SK
Muhammad al-Bakri, vice president of the International Air Transport Association (IATA) for the A... Read more
Gulf Markets
Saudi "Anaya" losses rise 10.4% in 2019
The company said in the statement that the increase in losses during the comparison periods is... Read more
Gulf Markets
Moody's confirms BSF ratings with a negative outlook
Moody's Investors Service yesterday confirmed long-term deposit ratings in category A1 and short-ter... Read more
Gulf Markets
Saudi Arabia cuts the 2020 budget by less than 5%
The government of the Kingdom of Saudi Arabia agreed to reduce the budget for the current year by l... Read more
Gulf Markets
Qatar Airways layoffs 200 employees
This week, Qatar Airways has sacked nearly 200 employees, all of whom are Filipino citizens resid... Read more
Gulf Markets
Saudi MEPCO profits decline 94% in 2019
However, the above effect has been partially offset by the increase in sales volumes, lower sal... Read more
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