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
Sulaiman Al Habib Group's profits grow 14% in Q2
Sulaiman Al Habib Medical Services Company (HHMC) reported a 14% increase in second-quarter net prof... Read more
Gulf Markets
Sedco Capital Multi-Asset Fund Trading Begins on TASI and Facilitated Works in Parallel
The listing and trading of units of the Sedco Capital Multi-Asset Exchange Traded Fund (SEDCO Capita... Read more
Gulf Markets
Mobily's profits rise to 661 million riyals in the second quarter of 2024, supported by revenues
The preliminary financial results of Etihad Etisalat Company (Mobily) revealed that its net profits... Read more
Gulf Markets
Saudi Arabia's holdings of US bonds rise to $136.3 billion by end-May
Saudi Arabia's holdings of US Treasury bonds rose by 22.5% year-on-year by the end of May 2024.... Read more
Gulf Markets
Operating revenues push Tadawul Group's Q2 profits up to SAR 164m
The preliminary financial results of Tadawul Group revealed that its net profits increased during th... Read more
Gulf Markets
Saudi Aramco completes $6 billion international bond offering
Saudi Arabian Oil Company (Saudi Aramco) announced the completion of issuing medium-term internation... Read more
Gulf Markets
Saudi Arabia.. IMF adjusts its expectations for the growth of the Kingdom’s economy
The International Monetary Fund has revised down its forecast for Saudi Arabia's economic growth... Read more
Gulf Markets
Two ETFs Launched in China Focusing on Saudi Stocks
Two Saudi-focused exchange-traded funds launched today in Shanghai and Shenzhen will give Chinese in... Read more
Gulf Markets
Foreign ownership of Saudi stock market rises by $1.04 billion in a week
Foreign and Gulf investors’ ownership of the Saudi stock market increased by the end of the week end... Read more
Gulf Markets
Saudi Arabia captures 59% of Gulf stock IPOs in H1
The value of initial public offerings in the GCC region declined by 32% year-on-year in the first ha... Read more
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