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
ADNOC cuts crude supplies to buyers on fixed-term contracts in May
Abu Dhabi National Oil Company (ADNOC) informed buyers of fixed-term contracts that it would reduce... Read more
UAE Markets
Emirates Islamic profits decline 62% in the first quarter
Emirates Islamic Bank profits decreased by 62% in the first quarter of 2020 to reach 155 million... Read more
UAE Markets
Deyaar Development begins restructuring
Diyar Development Company has announced the start of the implementation of capital restructuring,... Read more
UAE Markets
Emirates NBD earns AED 2.1 billion in the first quarter
Emirates NBD achieved 3% growth in net profit for the first quarter of 2020 to reach 2.1 billion... Read more
UAE Markets
Mandatory reserve of the UAE Central rises 7.7% in the first quarter
The balance of mandatory reserves for banks at the Emirates Central Bank increased by 7.7% to re... Read more
UAE Markets
Agthia distributes AED 90 million in cash dividends
The Ordinary General Assembly of Agthia decided to distribute 15% cash dividends, at a value of... Read more
UAE Markets
Dubai's drug trade makes 21.8 billion dirhams in 2019
The value of Dubai's foreign trade in the field of medicines and medical equipment is currently... Read more
UAE Markets
UAE bank assets grew 1.1% in March
UAE banks achieved 1.1% growth in total bank assets, including bank acceptances, to reach 3.128 tril... Read more
UAE Markets
Sovereign bonds of $ 7 billion in Abu Dhabi
Abu Dhabi issued multi-tranche sovereign bonds on April 8th, at a value of USD 7 billion. Acc... Read more
UAE Markets
Health Authority of Abu Dhabi launches an application that tracks contacts of people with “Corona”
The Abu Dhabi Department of Health launched a new and innovative TraceCovid smart phone application... Read more
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