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
Emirates NBD's profits for the second quarter increased to an unprecedented level
Emirates NBD, the largest bank in the emirate by assets, said that its profits in the second quarter... Read more
UAE Markets
Du's quarterly profit is $108 million, a growth of 31% year-on-year
Emirates Integrated Telecommunications Company du announced its financial results for the second qua... Read more
UAE Markets
“OPEC +” takes sufficient measures to stabilize the oil market
The OPEC+ alliance, which pumps about 40% of global crude, is taking adequate measures to stabilize... Read more
UAE Markets
The number of new companies licensed by the Dubai Financial Services Authority increased by 43% during the first half of 2023
The Dubai Financial Services Authority announced that the total number of licensed companies has inc... Read more
UAE Markets
ADNOC raises the offer to acquire the German “Covestro” to 11 billion euros
The Abu Dhabi National Oil Company has raised its offer to acquire Covestro to about 11 billion euro... Read more
UAE Markets
The shares of the Emirati “Multiplay” rise after acquiring a stake in “Brickwater Energy”
The share of Multipleplay, listed on the Abu Dhabi Stock Exchange, rose during the first moments of... Read more
UAE Markets
South Korean blockchain company Neoply opens its headquarters in the Abu Dhabi Global Market
South Korean blockchain company Neoply will open its global headquarters in Abu Dhabi with the suppo... Read more
UAE Markets
The Dubai Purchasing Managers' Index rose in June to its highest level in 10 months
The Dubai Purchasing Managers' Index released by S&P Global rose in June to a 10-month high of 56.9... Read more
UAE Markets
Abu Dhabi Commercial Bank provides 35 billion dirhams of credit facilities for green finance by 2030
Abu Dhabi Commercial Bank announced the re-launch of corporate banking services, to become corporate... Read more
UAE Markets
The net purchase of foreigners from UAE stocks amounted to 715 million dollars within a week
The net purchase of foreigners from shares in the UAE financial markets during the first week of Jul... Read more
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