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
World Markets
6 million barrels in surplus expected by April
Goldman Sachs expects the oil market to witness a record surplus of about six million barrels per... Read more
World Markets
Iran requests support from the International Monetary Fund to fight against Corona
Iranian Foreign Minister, Mohammad Javad Zarif, announced that the central bank is requesting the... Read more
UAE Markets
The Emirati central bank takes measures to confront Corona
The UAE Central Bank confirmed its readiness to support the banking system in the face of the ris... Read more
Gulf Markets
Saudi "Herfy" distributes 71 million riyals of semi-annual profits
Herfy Food Services Company, listed on the Saudi market, has announced a cash dividend of 71.148... Read more
Gulf Markets
Riyadh Development profits fell 18.7% in 2019
Riyad Development Company's net profit decreased by 18.7% to reach 165.8 million riyals in 2019,... Read more
Gulf Markets
Astra industrial profits grew 32% in 2019
Astra Industrial Group listed on the Saudi financial market achieved a growth of 32% in net prof... Read more
Gulf Markets
S&P: Serious Corona Impacts on the Gulf Markets
A recent report by Standard & Poor's credit rating agency included severe warnings of the impact of... Read more
UAE Markets
Mubadala sells 39% of its stake in Borealis Petrochemicals
Mubadala Investment has signed an agreement with OMV, the global oil and gas company based in Vie... Read more
UAE Markets
4.39 billion dirhams Dubai real estate actions this week
The real estate transactions at the Dubai Land Department have achieved more than 4.39 billion di... Read more
UAE Markets
Abu Dhabi non-oil trade achieved 213.3 billion dirhams in 2019
Abu Dhabi's non-oil foreign trade achieved a value of 213.3 billion dirhams in 2019. Accordi... Read more
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