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's ADNOC Drilling plans to expand in Jordan, Oman
ADNOC Drilling plans to add 13 new rigs in 2024, at a cost of between $750 million and $950 million.... Read more
UAE Markets
UAE stock exchanges lose AED 8.7 billion of their market value at the end of Wednesday’s trading
The performance of the UAE stock market indices declined at the end of trading on Wednesday, before... Read more
UAE Markets
UAE's The Cloud plans dual listing in Abu Dhabi, Saudi Arabia
The Cloud, a UAE-based restaurant tech startup, is planning a dual listing in Abu Dhabi and Riyadh.... Read more
UAE Markets
Dubai banks’ profits grow 36% to AED 9.8 billion in Q4 2023
The net profits of the UAE banks listed on the Dubai Financial Market increased by 36.16 percent yea... Read more
UAE Markets
ADNOC Logistics' annual profits jump 138% to $620 million
ADNOC Logistics and Services PLC's profits during the year 2023 jumped by 138 percent on an annu... Read more
UAE Markets
Emirati Du profits in the fourth quarter of 2023 increased by 38.5%
The profits of Integrated Telecommunications Company Du jumped by about 38.5% in the fourth quarter... Read more
UAE Markets
The UAE launches a fund to finance technology development for developing countries
On Monday, the UAE launched a fund with a capital of $200 million to finance efforts to develop adva... Read more
UAE Markets
$100 million credit facilities to export energy commodities from the UAE to global markets
The Abu Dhabi Exports Office, affiliated with the Abu Dhabi Fund for Development, in cooperation wit... Read more
UAE Markets
Emirati “Empower” records the highest revenues ever in 2023
Emirates Central Cooling Systems Corporation, Empower, recorded record revenues last year amounting... Read more
UAE Markets
February 14.. Americana’s Board of Directors discusses the results and dividends for 2023
Americana International Restaurants Company (PLC) announced today, Sunday, that a Board of Directors... Read more
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