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
Drake and Scull earns 262 million dirhams in 2019
Drake & Scull International, the Emirati company, achieved a net profit of 262 million dirhams fo... Read more
UAE Markets
UAE non-oil trade grew 4.4% in 2019
The total non-oil trade in the UAE increased by 4.4% to reach 1.603 trillion dirhams in 2019 comp... Read more
UAE Markets
Emiratis have invested 2.66 billion dirhams in shares since the beginning of 2020
The net investments of Emirati citizens in the UAE stock markets increased to 2.66 billion dirham... Read more
UAE Markets
Green bonds for "Abu Dhabi First" at 750 million dollars
First Abu Dhabi Bank issued $ 750 million worth of green bonds in Hong Kong with a five-year matu... Read more
UAE Markets
Precious metals trading in Abu Dhabi increases 34.4% in the first quarter
The value of Abu Dhabi’s trade in precious metals and gemstones increased by 34.4% to reach 5.42... Read more
UAE Markets
Sharjah Cement loses 9.3 million dirhams in the first quarter
The company said in a statement to the Abu Dhabi market today, Monday, that the losses are main... Read more
UAE Markets
"Takaful House" acquires two companies with 215 million dirhams
The Takaful House Company has entered into a legally binding share purchase agreement with the No... Read more
UAE Markets
Emirates and Etihad extend wage cuts
Emirates Airlines and Etihad Airways have decided to extend employee salary cuts until September,... Read more
UAE Markets
Foreign assets growth of UAE banks 17.5% within 4 months
The net foreign assets of Emirati banks increased by 17.5% to reach 79.8 billion dirhams during t... Read more
UAE Markets
Dubai real estate behavior is 1.34 billion dirhams this week
Real estate disposal in Dubai Land Department has achieved more than 1.34 billion dirhams this w... Read more
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