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
SABB distributes 3.6% cash dividends
The general assembly of the Saudi British Bank (SABB) approved the distribution of cash dividends... Read more
Crypto currencies
UST becomes the third highest stable currency
The Blockchain Terra Algorithmic Stable Coin (UST) has overtaken Binance USD (BUSD) to become the th... Read more
UAE Markets
UAE companies are second in profitability at the Gulf level
The listed Emirati companies ranked second in terms of the most profitable companies at the level of... Read more
Gulf Markets
Zain Saudi Arabia's profits jump 98% in the first quarter
The financial statements of Zain Saudi Arabia showed an increase in the company's net profit in the... Read more
World Markets
Oil prices rise with increasing fears of tight supplies
International oil prices rose on Monday, as fears of tighter global supplies as the crisis in Ukrain... Read more
Gulf Markets
Investcorp plans to acquire AC Milan
Investcorp, the largest alternative asset manager in the Middle East, has held exclusive talks to a... Read more
World Markets
A sharp deterioration in economic activity in China during the month of March
China sees a sharp deterioration in economic conditions in March with consumers and factories hit by... Read more
Gulf Markets
Aldrees increased its profits by 58% in the first quarter
Al-Drees Petroleum and Transport Services Company Al-Drees achieved a profit that rose by 58.4%, in... Read more
Gulf Markets
Chemanol's profit jumps 244% in the first quarter
The financial statements of Methanol Chemicals Company (Chemanol) showed an increase in the company'... Read more
World Markets
The World Bank expects the economies of the Middle East and North Africa to grow in 2022
The World Bank expects in a recent report that the economies of the Middle East and North Africa reg... Read more
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