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
Abu Dhabi non-oil trade increases 5.6% in the first quarter
The value of non-oil foreign trade in the Emirate of Abu Dhabi increased by 5.6% to reach 55 bill... Read more
UAE Markets
The assets of Emirati banks reach 3.156 trillion dirhams in April
The total banking assets in the UAE, including bank acceptances, increased to approximately 3.156... Read more
UAE Markets
Abu Dhabi is selling more dollar bonds
The Abu Dhabi government has launched more US dollar denominated bonds in an effort to raise addi... Read more
UAE Markets
Etihad Airways cuts hundreds of jobs
Etihad Airways has laid off hundreds of workers this month, including hospitality crews; After f... Read more
UAE Markets
The UAE central bank balance of foreign currencies increases 1.6% in April
The balance of the UAE central bank in foreign currencies increased by 1.6% to reach approximatel... Read more
UAE Markets
First Abu Dhabi stops potential acquisition of Bank Audi Egypt
First Abu Dhabi Bank announced that it had agreed with Bank Audi to halt the possible acqu... Read more
UAE Markets
Deyaar’s profit fell 86% in the first quarter
Deyaar Development Company’s profits fell 86% to reach AED 2.6 million in the first quarter of 20... Read more
UAE Markets
Governmental shareholding companies in the UAE earn 149.8 billion dirhams in 2019
Governmental joint-stock companies in the UAE achieved profits of 149.8 billion dirhams in... Read more
UAE Markets
Dubai renews more than 33 thousand commercial licenses automatically in 4 months
Dubai Department of Economic Development completed 33,874 automatic renewal transactions for comm... Read more
UAE Markets
Emirates Airlines plans to lay off 30 thousand employees
The Emirates Airlines Group is planning to cut about 30,000 jobs to cut costs due to the emerging cr... Read more
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