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
UAE: New gas field discovered in Sharjah with "promising quantities"
The Sharjah Oil Council announced a new gas discovery in the Hudaybah field, located north of the Sa... Read more
UAE Markets
Spinneys raises $375 million in IPO
Spinneys, the retail operator in the UAE, Oman and Saudi Arabia with the group’s first store schedul... Read more
UAE Markets
Abu Dhabi First Bank profits rise 6% on business growth, strong revenues
First Abu Dhabi Bank’s net profit rose nearly 6% year-on-year to AED 4.16 billion in the first quart... Read more
UAE Markets
Spinneys announces increase in number of shares allocated to individuals in the UAE
Spinneys 1961 Holdings PLC (Spinneys), the retail operator in the UAE, Oman and Saudi Arabia with th... Read more
UAE Markets
UAE markets top Gulf markets in foreign purchases with $3.3 billion in first quarter
The financial markets in Abu Dhabi and Dubai witnessed the largest foreign purchases in the Gulf dur... Read more
UAE Markets
Abu Dhabi shares lose AED 10 billion in market value at the end of Thursday's trading
The performance of the UAE financial market indices varied at the end of trading on Thursday, amid a... Read more
UAE Markets
Investcorp launches $1 billion fund to invest in Gulf, China
Investcorp launched a fund to invest in high-growth companies in Saudi Arabia, the rest of the GCC a... Read more
UAE Markets
Holding acquires stake in Belinari Group
ADQ, an Abu Dhabi-based investment holding company, and Plenary Group, an independent Australian inf... Read more
UAE Markets
Emaar Properties shares rise 1.2% after approving cash dividends exceeding Dh4 billion
Shares of Emaar Properties listed on the Dubai Financial Market rose during trading on Tuesday, afte... Read more
UAE Markets
Spinneys seeks to raise Dh1.4 billion from offering 25% of its shares in Dubai
Spinneys 1961 Holding is seeking to raise up to Dh1.4 billion ($375 million) from a 25% stake sale o... Read more
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