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
11.17 billion dirhams, the gold balance in the UAE central bank during January
The balance of the UAE Central Bank of gold bars reached almost 11.17 billion dirhams during the mo... Read more
UAE Markets
Dubai Ports' annual profit fell 33.8% to $ 879 million
The financial statements of Dubai Ports World showed a decrease in the company's profits last year... Read more
UAE Markets
ADNOC hires consultants to buy Egyptian "Wataniya"
The UAE-based ADNOC Company has started appointing consultants to assist it in preparing a bid for... Read more
UAE Markets
UAE's ADNOC begins official moves to purchase Egyptian "Wataniya Petroleum"
The UAE-based ADNOC Group has recruited consultants to assist it in preparing a proposal to be pres... Read more
UAE Markets
3.172 trillion dirhams total bank assets in the UAE
The latest statistics issued by the UAE Central Bank showed that total banking assets, including ba... Read more
UAE Markets
Emirates International Aluminum increases its profits 63% in 2020
The profits of Emirates Global Aluminum increased by 63%, reaching before deduction of interest, t... Read more
UAE Markets
Nakheel is considering selling a portion of its assets
As Emirati real estate firms abandon non-core activities amid the downturn caused by the Coronaviru... Read more
UAE Markets
American "Stripe" for electronic payment is soon expanding in the UAE
US online payment platform Stripe announced that it will soon begin providing payment solutions to... Read more
UAE Markets
Egyptian "Sodic" Receives an Acquisition Offer from "Aldar Properties"
UAE-based Aldar Properties has made a non-binding initial bid to acquire a stake of not less tha... Read more
UAE Markets
Salama Insurance increases its profits by 162.5% in 2020
profits of the Islamic Arab Insurance Company Salama Insurance doubled by 162.5%, reaching 157.04 m... Read more
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