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
“SABIC” profits fell 67% in the third quarter to 1.8 billion riyals
The financial statements of the Saudi Basic Industries Corporation (SABIC) revealed that the company... Read more
Gulf Markets
"SASCO" increases its profits by 106% in the third quarter
The Saudi Automotive Services Company (SASCO) achieved a 106.4% increase in profits for the third qu... Read more
Gulf Markets
The Saudi Investment Fund establishes 5 companies in Arab countries
The Saudi Investment Fund announced today the establishment of 5 regional companies that aim to inve... Read more
Gulf Markets
Herfy Foods profits fell 65% in the third quarter
Herfy Food Services Company (Herfy Food) recorded a 65.12% decline in profits for the third quarter... Read more
Gulf Markets
"SABIC Agri-Nutrients" quarterly profit jumps 93.3% to 2.3 billion riyals
The financial statements of SABIC Agricultural Nutrients Company revealed that the company's pro... Read more
Gulf Markets
A huge rise in Saudi oil revenues.. 60% increase
Official data released a while ago showed that Saudi Arabia's oil revenues rose by 60.2% in Augu... Read more
Gulf Markets
Individual subscription to "Arabian Drilling" exceeds 816%
The Arabian Drilling Company announced that the subscription was covered by 816.45%, and the value o... Read more
Gulf Markets
Bank Albilad profits rise 20.2% in the third quarter to 540.6 million riyals
The financial statements of Bank Albilad revealed an increase in the bank’s profits in the third qua... Read more
Gulf Markets
812.3 million riyals, losses for the Saudi "Kayan" in the third quarter
Saudi Kayan Petrochemical Company incurred losses of 452.8 million riyals in the period ending on Se... Read more
Gulf Markets
The Saudi "Investment Fund" launches a company to develop halal products
The Saudi Public Investment Fund announced the launch of the Halal Products Development Company, whi... Read more
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