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
Shuaa Capital turns profitable in the second quarter
the UAE company, Shuaa Capital, turned profitable to profit of 267 million dirhams during the se... Read more
UAE Markets
Aldar Properties’s profits grew by 3% in the second quarter
Aldar Properties' profits increased by 3%, reaching about 483 million dirhams in the second quar... Read more
UAE Markets
Abu Dhabi Islamic’s profit fell 49% in the second quarter
ADIB profits declined by 49% to 318 million dirhams in the second quarter of 2020. Accordi... Read more
UAE Markets
Emaar Properties profits drop 35% in the first half
Emaar Properties' net profit fell by 35% to 2.007 billion dirhams, or the equivalent of $ 546 mi... Read more
UAE Markets
Emiratis have invested 3 billion dirhams in the stock market since the beginning of the year
The net investment of UAE citizens in the stock market has crossed the barrier of 3 billion dirh... Read more
UAE Markets
The profits of "Amanat Holding" fell by 53% in the first half
the adjusted net profit of Amanat Holding Company decreased by 53% to reach 16.5 million dirhams... Read more
UAE Markets
Emirates NBD seeks to buy "Bloom - Egypt"
Emirates NBD is seeking to acquire BLOM Bank Egypt, which is owned by the Lebanese BLOM Group.... Read more
UAE Markets
Emaar Malls profits down 70% in the first half
UAE-based Emaar Malls reported a 70% drop in first-half 2020 profits to reach 345 million dirham... Read more
UAE Markets
169 million dirhams losses «Air Arabia» in the first half
Air Arabia incurred net losses of 169 million dirhams during the first half, as a result of flig... Read more
UAE Markets
The profits of the Emirati "Salama" approached 40 million dirhams in the first half
The financial statements of the UAE Islamic Arab Insurance Company (SALAMA) showed that the company... Read more
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