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
UAE Markets
$33 million net profit for Dubai Investments in 3 months
Dubai Investments PJSC reported a net profit of Dh120 million ($33 million) in the corresponding qua... Read more
UAE Markets
UAE's ADNOC Drilling profits rise 25.5% in Q1 2024
UAE's ADNOC Drilling's Q1 2024 profit jumped 25.5% to $274.6 million, from $218.6 million in... Read more
UAE Markets
$153 million in Salik revenues in 3 months
Salik, the exclusive operator of toll gates in Dubai and listed on the Dubai Financial Market, has a... Read more
UAE Markets
Weekly performance of Gulf markets varies as corporate earnings momentum continues... and Egyptian indices continue their weekly losses
Dubai Financial Market Index records highest weekly gains in two months FTSE Abu Dhabi posts highest... Read more
UAE Markets
ADNOC Distribution's profits reach $248 million in the first quarter of 2024
ADNOC Distribution, listed on the Abu Dhabi Securities Exchange, announced on Thursday its strong fi... Read more
UAE Markets
Dubai Taxi revenues reach $152 million in Q1 2024
Dubai Taxi Company, listed on the Dubai Financial Market, announced its financial results for the th... Read more
UAE Markets
ADNOC Logistics & Services revenues reach $840 million in 3 months
ADNOC Logistics & Services, the Abu Dhabi-listed logistics and maritime services company, has an... Read more
UAE Markets
Income tax pushes ADNOC Gas profits down 7% in Q1
The profits of the UAE's ADNOC Gas Company decreased by 7% during the first quarter of this year... Read more
UAE Markets
Global Holding buys back its shares for about $1.4 billion
International Holding Company (IHC), the largest company listed on the Abu Dhabi Securities Exchange... Read more
UAE Markets
UAE's Alpha Dhabi shares fall 1.5% after financial results announcement
Shares of Alpha Dhabi Holding Company, listed on the Abu Dhabi Securities Exchange, declined during... Read more
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