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
Crypto currencies
A subsidiary of the cryptocurrency exchange “FTX” obtains a license in Dubai
Last Friday, FZE, a subsidiary of cryptocurrency exchange FTX, was awarded the first Minimum Product... Read more
Gulf Markets
Al-Rajhi Bank profits rise 18% in the second quarter
The financial statements of Al Rajhi Bank showed an increase in the bank’s profits in the second qua... Read more
World Markets
Factory activity in China shrinks in July
Factory activity in China unexpectedly contracted in July after recovering from the shutdowns impose... Read more
UAE Markets
First Abu Dhabi's profits amounted to 3 billion dirhams in the second quarter
The financial statements of First Abu Dhabi Bank revealed a slight increase in the bank's profit... Read more
UAE Markets
Emirates NBD profits rise 42.4% in the second quarter
The financial statements of Emirates NBD revealed that the bank's profits in the second quarter... Read more
UAE Markets
841 million dirhams, profits of the UAE "Aldar" in the second quarter
The financial statements of the Emirati Aldar Company revealed that the company’s profits in the sec... Read more
Gulf Markets
5 Gulf central banks raise interest rates after the Fed's decision
Five central banks in the Gulf countries raised interest rates in response to the US Federal Reserve... Read more
World Markets
Meta loses $2.8 billion in the second quarter
Meta lost $2.81 billion on revenue of $452 million from its virtual reality division, Reality Labs,... Read more
Gulf Markets
Mobily increases its profits by 47.5% in the second quarter 2022
The profits of Etihad Etisalat Mobily increased by 47.5% to reach, after zakat and tax, about 360 mi... Read more
World Markets
65 million pounds, profits of the Egyptian "SODIC" in the second quarter
The financial statements of the Egyptian company SODIC revealed a decline in the company's profi... Read more
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