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
First Abu Dhabi Bank approves $2.1 billion annual dividends
First Abu Dhabi Bank (FAB) held its annual general assembly meeting today, during which participants... Read more
UAE Markets
UAE PMI rises to 57.1 in February from 56.6 in January
The UAE Purchasing Managers' Index (PMI) rose to 57.1 points in February, supported by the large... Read more
UAE Markets
Parkin Emirates sets IPO price range between AED 2 and AED 2.1 per share
The Emirati company, Parkin, announced that it has set the price range for the offering between AED... Read more
UAE Markets
Former BIS official: UAE dirham is qualified to stimulate BRICS economy
The UAE dirham is the only currency in the BRICS bloc that is qualified to be a driver of the group&... Read more
UAE Markets
Aramco expected to keep Arab crude price to Asia unchanged in April
Saudi Aramco is expected to keep the April selling price of Arab Light crude to customers in Asia un... Read more
UAE Markets
Aramco Base Oils Annual Profits Drop 24%, Shares Drop!
Saudi Aramco (TADAWUL:2222) Base Oil Company (Luberef (TADAWUL:2223)) announced, through a statement... Read more
UAE Markets
Dubai Islamic Bank issues $1 billion sustainable sukuk
Dubai Islamic Bank announced the issuance of sustainable sukuk worth $1 billion, with a maturity per... Read more
UAE Markets
Dubai Investment Fund expects to offer 24.99% of Parkin
Parkin announces intention to float on Dubai Financial Market * Dubai Investment Fund expects to flo... Read more
UAE Markets
Al Rajhi Bank recommends distributing 4.6 billion riyals in profits for the second half
The Board of Directors of Al Rajhi Bank recommended distributing cash dividends to shareholders at a... Read more
UAE Markets
UAE stock exchanges lose AED 21.3 billion of their market value at the end of Thursday’s trading
UAE stock market indices declined at the close of trading on Thursday, amid hopes that major central... Read more
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