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
World Markets
The Monetary Fund raises its forecast for global economic growth to 2.9% in 2023
The International Monetary Fund raised its forecast for the growth of the global economy to 2.9% in... Read more
World Markets
$7.6 billion in UBS profits in 2022
Swiss bank UBS announced a net profit of $7.6 billion for the past year, after net income in the fou... Read more
UAE Markets
Real estate sales in Dubai jump 50% in January
Dubai real estate launched the year 2023 with a strong performance during the month of January, comp... Read more
World Markets
Oil rises after China pledged to boost consumption.. and gold continues to rise
Oil prices rose in Asian morning trading on Monday, boosted by tensions following a drone attack in... Read more
Gulf Markets
Boubyan Bank’s profits rise by 19% in 2022.. and diversify the distributions
Boubyan Bank announced that it achieved net profits in 2022 amounting to 57.8 million Kuwaiti dinars... Read more
Gulf Markets
Profits of “Al-Rajhi Bank” rise 16.3% to 17.15 billion riyals by the end of 2022
The financial statements of Al-Rajhi Bank revealed that the bank’s profits increased by 16.3% last y... Read more
Gulf Markets
1.8 million riyals fine for 9 officials in the "paper industry"
The Appeal Committee for Securities Disputes in the Saudi stock market issued a decision against a n... Read more
Gulf Markets
"National Kuwait" increases its quarterly profits by 25%
The National Bank of Kuwait achieved a 25.5% increase in net profit for the fourth quarter of 2022,... Read more
World Markets
Lufthansa intends to acquire Italian airline ETA
German airline Lufthansa took a new step on its way to acquiring Italian airline ETA. According to A... Read more
Gulf Markets
Saudi "Amiantit" reduces its annual losses by 94.5%
Saudi Arabian Amiantit Company (Amiantit) reduced its annual losses by 94.55%, to reach about 8.78 m... Read more
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