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
Al-Jawf Agricultural turns profitable in 2020
Al-Jouf Agricultural Company achieved a net income of 21.35 million riyals during the year 2020, co... Read more
Gulf Markets
The profits of "Arab Cement" declined 11% during 2020
The profits of the Arab Cement Company decreased by 11.4%, with a net profit of 184.9 million riyal... Read more
Gulf Markets
Alujain increases its annual profit by 8.4%
Alujain Holding Company's profits increased by 8.4%, with net profit reaching 207.29 million riyals... Read more
Gulf Markets
Alkhorayef shares jump 30% on the first trading day
The share of Alkhorayef Water and Energy Technology rose by 30% on the first trading day in the Sau... Read more
UAE Markets
Emirati "Amanat" acquires a medical center with a value of $ 232 million
UAE-based Amanat Holding has announced its full acquisition of Cambridge Medical and Rehabilitation... Read more
World Markets
Oil prices rise 1.5% after the US fiscal stimulus package
oil prices rose during trading today, Monday, with the support of the passage of a fiscal stimulus... Read more
Gulf Markets
Al-Rajhi Bank distributes 2.5 billion riyals in cash dividends for the year 2020
Al-Rajhi Bank's board of directors recommended distributing cash dividends to the bank's shareholde... Read more
Gulf Markets
Yansab profits down 37.8% in 2020
The financial statements of Yanbu National Petrochemical Company (Yansab) showed that the company's... Read more
Crypto currencies
The "FD7" investment fund sells Bitcoin for $ 750 million
The cryptocurrency investment fund FD7 Ventures plans to sell Bitcoins worth $ 750 million, and in... Read more
World Markets
Citigroup lost $ 323 million after a fatal mistake
The American Citigroup Group incurred an estimated $ 323 million in losses due to a mistakenly tra... Read more
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