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
"Saudi Telecom" increases its annual profits by 7.6%
The Saudi Telecom Company (STC) achieved an increase of 7.6% in annual profits, to reach, after zaka... Read more
World Markets
China maintains benchmark lending rates for the sixth consecutive month
China kept its benchmark lending rates unchanged for the sixth consecutive month in February 2023, i... Read more
Gulf Markets
Mobily's profits increase by 55% by the end of 2022...and distribute 885.5 million riyals in cash
The financial statements of Etihad Etisalat Company (Mobily) revealed that the company’s profits inc... Read more
Crypto currencies
The Binance exchange is facing a new crisis regarding secret withdrawals
Cryptocurrency exchange Binance is in crisis following news that it had secret access to a bank acco... Read more
Gulf Markets
"Luberef" records historic annual profits
Saudi Aramco Base Oil Company (Luberef) achieved an increase of 31.65% in annual profits for the yea... Read more
UAE Markets
Elimination of customs tariffs between the UAE and India within 10 years
The UAE Minister of Economy, Abdullah bin Touq Al-Marri, participated in the Global Business Summit... Read more
Crypto currencies
Bitcoin is close to $25,000
Cryptocurrencies recorded significant gains in recent trading, led by Bitcoin, which breached the $2... Read more
Gulf Markets
"Solutions" increases its annual profits by 26.5%
The Arab Company for Internet and Communication Services (Solutions) achieved an increase of 26.53%... Read more
Crypto currencies
Partnership between Singularity and Reddat to develop blockchain technology in the Middle East and North Africa
Dubai-based Singularity Innovations has partnered with Hong Kong-based blockchain technology company... Read more
UAE Markets
The Emirate of Abu Dhabi seeks to expand the base of the non-oil economy in the GDP
The Gross Domestic Product (GDP) of the Emirate of Abu Dhabi grew by 10.5% during the first nine mon... Read more
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