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
The subscription of individuals to "Al-Amar Food" begins today
Today, the process of individual investors’ subscription to Al-Amar Food Company’s shares began in... Read more
Gulf Markets
Moody's: The Saudi economy will grow by 3.9% until 2026
The credit rating agency Moody's has issued its detailed annual credit report on the credit situatio... Read more
World Markets
Netflix loses one million subscribers, shares rise 2%
Netflix stock rose 2%, after the company announced that it lost fewer subscribers than expected in t... Read more
World Markets
Oil prices rise amid fears of tight supplies
Oil prices rose slightly, today, Tuesday, to compensate for some of their losses earlier in the sess... Read more
Gulf Markets
AMAC increases its capital and distributes 129 million riyals as cash dividends for the first half
The Board of Directors of the Grand Factories Company for Mining (AMAC) recommended distributing cas... Read more
UAE Markets
Bank assets in the UAE rise 5.1% at the end of March
The UAE Central Bank data showed that the assets of banks operating in the country increased by 5.1%... Read more
World Markets
Goldman Sachs posted a profit of $2.9 billion in the second quarter
Goldman Sachs remains the top loser on Wall Street, as the investment banking company reported secon... Read more
Gulf Markets
Al-Munajji's profits increased by 225.3% during the first half
Al Minaj Food Company clarified the preliminary financial results for the period ending on June 30,... Read more
Crypto currencies
Cryptocurrencies increase market capitalization by 47.6 billion dollars in 24 hours
The dollar's weakness and growing recession indicators have pushed asset classes to rise strongly o... Read more
Gulf Markets
Chemanol's profits jump 53% in the second quarter to 92 million riyals
The financial statements of the methanol chemicals company (Chemanol) showed an increase in the comp... Read more
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