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
Sipchem's global profits fell 25% in the third quarter to 774 million riyals
The financial statements of Sahara International Petrochemical Company (Sipchem International) revea... Read more
Gulf Markets
Saudi Ceramics profits fell 18% in the third quarter
The net profit of the Saudi Ceramic Company recorded a decline of 18.36% to reach 42.78 million riya... Read more
Gulf Markets
Aldrees profits rise 30% in the third quarter to 61.7 million riyals
The financial statements of Al-Drees Petroleum and Transport Services Company revealed an increase i... Read more
Gulf Markets
"Investment Fund" is acquired by "Zain" Business Ltd.
Zain Saudi Arabia announced the transfer of the ownership of its subsidiary Zain Business Limited to... Read more
Gulf Markets
"Riyadh Cables" intends to offer its shares for public subscription
Riyadh Cables Group intends to offer its shares for an initial public offering in the Saudi market,... Read more
Gulf Markets
Inflation in Saudi Arabia rose 3.1% in September
The inflation rate in Saudi Arabia increased by 3.1% in September 2022, compared to the same month l... Read more
Gulf Markets
GFH Acquires Clinics Portfolio for $400 Million
GFH Financial Group announced the expansion of its medical office/clinic segment with its second cli... Read more
Gulf Markets
100 riyals per share, the offering price of "Arab Drilling"
The final offering price of the Arabian Drilling Company was set at 100 riyals per share. According... Read more
Gulf Markets
Arabia Contracting acquires an advertising company for 1.05 billion riyals
The Arab Technical Contracting Company announced the conclusion of a purchase agreement to acquire t... Read more
Gulf Markets
Aramco launches project to manufacture drilling rigs
Saudi Aramco has launched a joint venture to manufacture drilling rigs for the first time in Saudi A... Read more
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