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
Dubai issues 4,459 new licenses in February
Dubai Department of Economic Development issued 4,459 new licenses during February 2020, as these... Read more
Gulf Markets
Al-Fokhariya increases its profits 100% during 2019
The Saudi Pottery Pipe Production Company achieved 100% growth in profits in 2019 to reach SAR 8... Read more
UAE Markets
Mubadala intends to sell a stake in the Austrian company "Borealis"
Mubadala Investment Company announced that it is engaged in a round of discussions in order to se... Read more
World Markets
27 new deaths from the Corona virus were recorded in China
Chinese authorities announced today, Sunday, the registration of 27 new deaths and 44 confirmed case... Read more
Gulf Markets
Xtra’s annual earnings rise 28% to 205.6 million riyals
The financial statements of United Electronics Company (eXtra) showed an increase in the profits of... Read more
World Markets
Oil records the biggest daily loss in 11 years
Brent crude price fell, recording the biggest daily loss in more than 11 years at the end of last we... Read more
UAE Markets
New economic licenses in Abu Dhabi are up 64% last year
The total number of new economic licenses in Abu Dhabi increased last year by 63.9%, to 18.63 thousa... Read more
Gulf Markets
Slight increase in the profits of Burgan Bank of Kuwait
Kuwait's Burgan Bank achieved annual profits of 84.68 million dinars last year, compared to profits... Read more
World Markets
China's foreign trade volume down 11% due to corona
The volume of Chinese foreign trade decreased by 11% year on year during the first two months of 202... Read more
UAE Markets
The GDP of the Emirate of Sharjah increases 5.1% to 100 billion dirhams
The gross domestic product of the Emirate of Sharjah rose 5.1% last year, to reach 100 billion dirha... Read more
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