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
The "Pharmaceutical" incurred losses of 51.7 million riyals in the second quarter
The Saudi Company for Pharmaceutical Industries and Medical Appliances incurred losses amounting to... Read more
Gulf Markets
SADAFCO increases profits by 48% in the second quarter
The quarterly profits of the Saudi Dairy and Food Products Company increased by 48.11% to reach 56.2... Read more
Gulf Markets
128.6 million riyals, losses of "Jabal Omar" in the second quarter
The financial statements of Jabal Omar Development Company revealed that the company turned into a l... Read more
Gulf Markets
Al-Othaim Markets profits fell 2.7% in the second quarter
The profits of Abdullah Al-Othaim Markets Company decreased by 2.71% after zakat and tax to about 46... Read more
Gulf Markets
Chemanol's profits jump 53% in the second quarter to 92 million riyals
The financial statements of Methanol Chemicals Company (Chemanol) showed an increase in the company&... Read more
Gulf Markets
ACWA Power intends to sign a $2.4 billion contract with the government of Uzbekistan
ACWA Power announced its intention to sign the main clauses agreement, today, Wednesday, with the Mi... Read more
Gulf Markets
Saudi "Investments" buys stakes in American companies
Saudi Arabia's Public Investment Fund (PIF) has bought minority stakes in a string of major US compa... Read more
Gulf Markets
"Mahara" signs a contract with "Bin Laden Group" worth 306.4 million riyals
Maharah Human Resources Company announced the signing of a contract to provide manpower services wit... Read more
Gulf Markets
The share of "Naki Water" rises 26.9% in its first trading in the Saudi market
The shares of Naqi Water Company began trading today in the main Saudi stock market, becoming the te... Read more
Gulf Markets
Inflation in Saudi Arabia rises by 2.7% in July
The annual inflation rate in Saudi Arabia rose to 2.7% last July, the highest level in a year, compa... Read more
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