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
Gains 28 insurance companies 764 million
Abu Dhabi and Dubai Financial Services posted a net profit of 34% in the first half of 2017. 28 comp... Read more
World Markets
Dollar index still on the downside
The dollar remained broadly lower against the other major currencies on Friday, as a series of terro... Read more
UAE Markets
"Emirates" invests 60 billion dirhams in port projects within 10 years
The Ministry of Infrastructure Development in the UAE intends to pump 60 billion dirhams of investme... Read more
UAE Markets
UAE and Saudi Arabia will impose value-added tax
A UAE official said on Tuesday that the United Arab Emirates and Saudi Arabia will impose value-adde... Read more
UAE Markets
Union Real Estate Company achieves 2.3 billion losses
Al Etihad Real Estate Company, one of the largest real estate development companies in the Emirate... Read more
Crypto currencies
Bitcoin struggles to hold 4400
The rally in Bitcoin came to an abrupt end Tuesday, as investors appeared to take profit on the rece... Read more
World Markets
Gold prices gain in Asia
Gold prices dipped in Assa on Tuesday as North Korea appeared to back away from threats to fire miss... Read more
World Markets
Oil prices flat, bounce off lows
Oil prices were flat on Monday, falling early on worries about Chinese demand but then recovering fr... Read more
World Markets
Oil falls for third day as doubts
Crude futures fell for a third day on Wednesday despite a bigger than expected drop in U.S. oil inve... Read more
World Markets
Forex - Weekly outlook
The U.S. dollar rallied against a basket of the other major currencies on Friday, bolstered by... Read more
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