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
Gulf Markets
Kuwaiti Gulf Insurance profits rise 12.2% in 2019
The Gulf Insurance Group announced that it recorded an annual profit of 13.35 million dinars in the... Read more
UAE Markets
3.98 million tourists in Abu Dhabi and Dubai within 3 months
According to the Emirates News Agency, the latest statistics of the Department of Tourism in... Read more
UAE Markets
AED 165 billion of foreign labor remittances in the UAE in 2019
The value of remittances of foreign workers in the UAE to abroad reached about 165 billion dirha... Read more
UAE Markets
Sharjah Islamic distributes 10% profits
The Sharjah Islamic Bank General Assembly decided to distribute 10% of the dividends to sharehol... Read more
Crypto currencies
Sweden intends to issue a central bank digital currency
The Swedish Riksbank began testing the electronic krona (e-krona), making the country around the... Read more
UAE Markets
Abu Dhabi market plans to list two new companies
Abu Dhabi Securities Market CEO, Khalifa Al Mansouri, announced that the market plans to list two... Read more
UAE Markets
Emirates NBD recommends distributing 0.4 dirhams per share
The Emirates NBD Board of Directors recommended the distribution of cash dividends totaling 2.52... Read more
World Markets
Global bid for gold exploration in Egypt
Egypt intends to launch a global bid for gold exploration in the Eastern Desert during the first... Read more
UAE Markets
UAE economy achieves 2.9% growth in 2019
The real gross domestic product of the UAE has achieved a growth of 2.9% in 2019, according to t... Read more
Gulf Markets
A negative change in the annual results of Saudi Kayan ... and losses 637 million riyals
The financial statements of Saudi Kayan showed that the company transformed losses in the past year... Read more
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