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
"Fujairah National" earns 552.2 million dirhams in 2019
National Bank of Fujairah achieved a profit of 552.2 million dirhams during the year 2019. A... Read more
World Markets
"Twitter" revenue of one billion dollars for the first time
Twitter posted $ 1 billion in quarterly revenue for the first time, outperforming expectations.... Read more
Gulf Markets
16 million riyals profits Alkatiri Holding Annual
The financial statements of Al Kathiri Holding Company showed that the company’s profits increased b... Read more
UAE Markets
Foreign assets of UAE banks abroad increase by 13.3%
UAE banks with branches abroad achieved 13.3% growth in foreign assets to reach 769.9 billion dir... Read more
Crypto currencies
Bitcoin is up 36% since the beginning of the year
Bitcoin has continued to rise since the beginning of the year, to witness a rise of $ 2581 from t... Read more
Gulf Markets
"Saudi Budget" distributes 107 million riyals of semi-annual profits
United International Transportation (Budget Saudi Arabia) announced the issuance of a decision by th... Read more
World Markets
China: 812 corona deaths, and injuries exceed 37,000
Chinese health authorities announced today, Sunday, that the number of deaths due to infection (Coro... Read more
World Markets
OPEC plans to cut production until the end of the second quarter 2020
Algerian Energy Minister Mohamed Arqab - who currently holds the OPEC presidency - announced that... Read more
UAE Markets
8 Emirati banks earn 38 billion dirhams in 2019
8 Emirati banks listed in the financial markets achieved 17.2% growth in net profit to reach abo... Read more
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