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
World Markets
Sony's profits fell 57% in the fourth quarter
Operating profits of Japan's Sony declined by 57% in the fourth quarter, and the company declined... Read more
World Markets
The British economy contracted at a record pace in March
Britain's economy contracted at a record pace of 5.8% last March compared to February, in conjunctio... Read more
Gulf Markets
Qatar raises oil selling prices in June ... and Kuwait allows lower quantities to be loaded
A pricing document showed on Wednesday that Qatar Petroleum set the official selling price for Qatar... Read more
Gulf Markets
Al-Rajhi Bank profits fell 7.3% in the first quarter
Al-Rajhi Bank's financial data showed a 7.3% decline in the bank’s profits in the first quarter of t... Read more
Crypto currencies
Report: Brazil may be a new source of order for bitcoin after bisection
Bitcoin's annual performance so far compared to the Brazilian riyal, along with the country's finan... Read more
Gulf Markets
Aramco debt forecast to exceed target levels due to oil crash
Analysts expected Saudi Aramco's debt to exceed target levels due to the oil price collapse triggere... Read more
World Markets
Saudi Arabia urges (OPEC +) countries to adhere to the rates of reducing oil production
The government of the Kingdom of Saudi Arabia called on OPEC, Russia and other producing countries t... Read more
Gulf Markets
"Advanced" profits increased 100% in the first quarter
The Saudi Advanced Industries Company achieved a growth of 102% in the profits for the first qua... Read more
Gulf Markets
Sadara increases its quarterly losses to 1.27 billion riyals
The Saudi Sadara Basic Services Company announced the increase in the net losses of its parent co... Read more
Gulf Markets
Misk turns into profitability in the first quarter
According to Arabia Net, the reason for achieving a net profit during the current quarter compa... Read more
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