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
GMG acquires Aswaaq from the Investment Corporation of Dubai
GMG has announced its acquisition of Aswaaq from the Investment Corporation of Dubai. This acquisiti... Read more
UAE Markets
Gulf Navigation's annual profits drop 90% to 5.75 million dirhams
Gulf Navigation announced that its profits decreased by 90% last year, to reach 5.75 million dirhams... Read more
Gulf Markets
Efforts to list Aramco on the Hong Kong Stock Exchange
Hong Kong leader John Lee has expressed his country's desire to attract Saudi Aramco and its sub... Read more
World Markets
American technology companies are recording disappointing results
The financial results of US technology companies appeared to be disappointing in the fourth quarter... Read more
UAE Markets
Dubai receives more than 18,000 new investors in January 2023
The economy of the Emirate of Dubai received 18,273 new investors during January of the year 2023, w... Read more
World Markets
Jobs data indicates the Fed will keep interest rates higher for longer
Last week, all eyes in the economic community turned to central bank meetings which, as was widely e... Read more
Gulf Markets
Alinma Bank increases its annual profits by 39%
The Saudi Development Bank achieved an increase in annual profits by 39%, bringing its net profits a... Read more
Crypto currencies
Cryptocurrencies continue to rise after raising interest rates
Cryptocurrencies continued their rise, led by Bitcoin, which settled above the $23,000 level and is... Read more
World Markets
The "US Federal Reserve" raises interest rates... and discrepancies in the decisions of Gulf banks
After a meeting that lasted over the course of January 31 and February 1, 2023, the US Federal Reser... Read more
UAE Markets
In a strategic partnership with Dubai Holding, Aldar enters the Dubai real estate market
Aldar Properties, the leading real estate development, investment and management company in Abu Dhab... Read more
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