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
Saudi Jarir's profits grow 10% in Q2
Jarir Marketing Company, listed on the Saudi market, recorded a 9.8 percent increase in its net prof... Read more
Gulf Markets
Aramco IPO proceeds exceeded previous expectations by $1 billion
Saudi Arabia has raised more than expected $1 billion from the sale of a stake in Aramco, after the... Read more
Gulf Markets
Saudi Aramco appoints banks to sell dollar-denominated bonds
Saudi Aramco has appointed banks to sell tranches of senior unsecured bonds with maturities of 10, 3... Read more
Gulf Markets
Saudi Arabia targets full launch of digital banks among 10 aspirations of SAMA in 2024
The annual report of the Financial Sector Development Program for the year 2023 revealed 10 aspirati... Read more
Gulf Markets
TASI Index Decreases 0.6% During the Week... Market Gains of 93.23 Billion Riyals
The Saudi stock market ended its weekly trading in the red, to resume its losses once again amid a d... Read more
Gulf Markets
Almarai Saudi Arabia's net profit rises to SAR 619.6 million in Q2 2024
Saudi Arabia's Almarai Company's net profit rose by more than 11% year-on-year in the second... Read more
Gulf Markets
ADNOC, Aramco consider acquiring stakes in Australian gas company
Informed sources revealed that both Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) are sepa... Read more
Gulf Markets
PMI: Strong improvement in Saudi non-oil sector in June 2024
The Purchasing Managers' Index (PMI) from Riyad Bank showed another strong improvement in busine... Read more
Gulf Markets
Qatar Airways profits rise 6% to $1.7 billion in a year
Qatar Airways Group reported a profit of QAR 6.1 billion ($1.7 billion) for the fiscal year ending M... Read more
Gulf Markets
$36.8 billion Saudi sovereign fund profits in 2023
Saudi Arabia's sovereign wealth fund, the Public Investment Fund, reported Monday a profit of 13... Read more
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