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 Distribution achieves 11.8% growth in the quantities of fuel sold in the UAE and Saudi Arabia
ADNOC Distribution, listed on the Abu Dhabi Securities Market, said that it recorded an overall incr... Read more
UAE Markets
The UAE “ADNOC Gas” concludes a supply agreement with an Indian company for a period of 10 years
ADNOC Gas PLC has entered into an agreement to supply liquefied natural gas with GAIL India Limited,... Read more
UAE Markets
Abu Dhabi Islamic plans to expand in Saudi Arabia and Egypt
Abu Dhabi Islamic Bank plans to strengthen its presence in Saudi Arabia while continuing to invest i... Read more
UAE Markets
Emirates NBD profits jump 65% to 21.5 billion dirhams by the end of 2023
Emirates NBD's profits increased by 65 percent by the end of 2023, compared to 2022 profits. The... Read more
UAE Markets
The UAE "Mubadala" aims to double its investments in Asia by 2030
Mubadala Investment Company seeks to nearly double its exposure in Asia, becoming part of a group of... Read more
UAE Markets
Dubai Islamic achieves the highest profitability in its history in 2023
Dubai Islamic Bank recorded a growth in net profits by 26 percent in the year 2023 to reach more tha... Read more
UAE Markets
Abu Dhabi Islamic Bank’s profits exceed expectations and grow 39% to 5 billion dirhams in 2023
Abu Dhabi Islamic Bank's net profits rose by 39% to reach 5 billion dirhams in 2023, beating ana... Read more
UAE Markets
The UAE accounts for 39.5% of Japan's exports to Middle Eastern countries
The UAE constitutes the largest market for Japanese exports to the Middle East markets, with a value... Read more
UAE Markets
Abu Dhabi Commercial expands its business in Saudi Arabia
Abu Dhabi Commercial Bank announced the expansion of its business in the Kingdom of Saudi Arabia, wi... Read more
UAE Markets
Fitch affirms ADNOC Murban's rating with a stable outlook
Fitch has affirmed the long-term credit rating of ADNOC Murban, owned by ADNOC Group, at AA, giving... Read more
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