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
"SASCO" earns 8 million riyals by liquidating 99% of its investment portfolio
The Saudi Automotive Services Company, SASCO, announced the liquidation of 99% of its investment... Read more
Gulf Markets
Arab Cement profits decline 12.6% in 2021
Arabian Cement Company recorded a 12.6% decline in net profit to reach 161.5 million riyals in 20... Read more
World Markets
Russia threatens to stop pumping gas to Europe
Georgy Borisenko, Russia's ambassador to Cairo, announced that his country would stop pumping gas... Read more
UAE Markets
517 billion dollars in the UAE's non-oil trade in 2021
The UAE's non-oil foreign trade recorded an annual jump of 27% to reach 1.9 trillion dirhams ($51... Read more
Gulf Markets
New gas fields discovered in Saudi Arabia
Saudi Aramco was able to discover a number of new natural gas fields in the Central Region, the E... Read more
Gulf Markets
Maaden earns 5.2 billion riyals in 2021
The Saudi Arabian Mining Company (Maaden) achieved a net profit of 5.23 billion riyals in 2021, c... Read more
Gulf Markets
1.017 billion riyals, Kingdom Holding profits in 2021
Kingdom Holding Company turned profitable during 2021, achieving profits of 1.017 billion riyals,... Read more
UAE Markets
International Holding completes its acquisition of 70% of Arena Events
The International Holding Company has completed its acquisition of a majority stake in Arena Events... Read more
Crypto currencies
Cryptocurrency collapse after the military strike on Ukraine
The start of the Russian war against Ukraine has led to a rapid decline in cryptocurrencies, with... Read more
World Markets
A jump in gold prices as the demand for a safe haven increases
Gold prices witnessed a big jump today, with increased demand for safe havens, after Russia announce... Read more
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