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
DP World increases profits by 17.7% in 2019
DP World achieved revenue growth of 36.1 percent in 2019. According to Emirates News Agency,... Read more
Gulf Markets
Gulf stocks lose more than 7% in the beginning of trading
The beginning of today's trading witnessed sharp declines in Gulf stocks, as the Dubai Financial Mar... Read more
UAE Markets
Emirates Islamic profits grow 15% in 2019
Emirates Islamic Bank achieved 15% growth in profits in 2019, with a net profit of 1.061 billion... Read more
World Markets
An American travel ban to Europe pushes gold higher
The growing concerns about the impact of the Corona virus on the economy, pushed gold higher during... Read more
Gulf Markets
Russian Investment Fund: Partnership continues with Saudi Arabia
Kirill Dmitriyev, head of the Russian direct investment fund, confirmed that Russia and Saudi Ara... Read more
Gulf Markets
Saudi Arabia plans to reduce its budgets for 2020
The Kingdom of Saudi Arabia requested government departments to submit proposals to reduce their... Read more
Gulf Markets
Saudi "Wires" officially requests the reduction of its capital
Etihad Wire Factories Company has submitted an official request to the Saudi Capital Market Auth... Read more
World Markets
Oil falls after Saudi directives to Aramco to increase production
Oil prices gave up their early gains on Wednesday, retreating due to the announcement by Saudi Ar... Read more
World Markets
For the first time since 2016 ... the British central bank cut interest rates
The British Central Bank cut interest rates by half a percentage point to 0.25%. According t... Read more
World Markets
Mexican mediation to solve the oil dispute between Russia and Saudi Arabia
The Minister of Finance, Artur Herrera, announced his country’s efforts to mediate the oil disput... Read more
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