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
Empower distributes 400 million dirhams in cash
Emirates Central Cooling Systems Empower announced the distribution of 400 million dirhams in cas... Read more
UAE Markets
The growth of transfers between UAE banks 7% during January and February
The value of transfers executed between UAE banks increased by 6.9% to reach 1.8 trillion dirham... Read more
UAE Markets
Reducing the fees for establishing companies in the Jebel Ali Free Zone
Dubai Ports World has announced a reduction in costs of licenses and administrative fees for comp... Read more
UAE Markets
Mashreqbank distributes 710 million dirhams in cash
The General Assembly of Mashreq Bank yesterday approved distributing 40% cash dividends to shareh... Read more
World Markets
Citigroup expects global corporate profits to drop 10%
Analysts at Citigroup expected that the profits of major international companies will decrease by... Read more
World Markets
German "Nordex Group" increases its annual profit 21.7%
German company Nordex Group achieved a 21.7% increase in operating profit over the past year to 1... Read more
World Markets
Negative expectations for oil prices due to the price war between the partners
Standard Chartered Bank lowered its forecast for world oil prices for the years 2020 and 2021, due... Read more
Gulf Markets
726 thousand riyals profit of Al-Ahsa for annual development .. a decline of 93.5%
The financial statements of Al-Ahsa Development Company showed a decline in the company's profits i... Read more
World Markets
17 new deaths in China due to Corona .. and the number of dangerous cases decreased
The Chinese authorities announced today, Tuesday, the registration of 17 new deaths and 19 confirmed... Read more
Gulf Markets
Southern province cement profits rise 137%
The financial statements of the Southern Region Cement Company showed that the company's profits for... Read more
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