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
Mubadala plans to sell $ 3-4 billion of bonds
The UAE-based Mubadala Company intends to sell three-tiered bonds worth between three billion and... Read more
UAE Markets
Facilities of 16.5 billion dirhams for the industrial and business sectors in the first quarter
The value of financial facilities granted by the UAE banks to the business and industrial sectors... Read more
UAE Markets
ADNOC Distribution earns 400 million dirhams in the first quarter
ADNOC Distribution achieved 4.7% growth in basic earnings before interest, tax, depreciation and... Read more
UAE Markets
The UAE plans to cut production by 100,000 bpd in June
Suhail Al Mazrouei, the UAE Minister of Energy and Industry, announced that his country will volu... Read more
UAE Markets
Al Alamiah Holding shares increase 2574% during the year
The shares of Al Alamiah Holding Company, listed on the Abu Dhabi Stock Exchange, raised investor... Read more
UAE Markets
NMC's chief financial officer leaves the Emirates
The chief financial officer of the ongoing health investigation group, NMC, was able to travel to... Read more
UAE Markets
The UAE does not intend to raise VAT
The UAE Ministry of Finance announced that it does not intend to increase the value-added tax in... Read more
UAE Markets
Emirates Airlines to borrow due to "Corona" pandemic
Emirates Airlines, one of the largest long-haul airlines in the world, has announced that it will bo... Read more
UAE Markets
New exposure crisis in UAE with another Indian company
While sources told the Gulf News newspaper that the exposure of UAE banks to the troubled comp... Read more
UAE Markets
Agthia's profit fell 32% in the first quarter
Food Group profits decreased by 32% to reach 27 million dirhams in the first quarter of 2020 comp... Read more
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