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
Oil prices fall amid anticipation of the monthly “OPEC” report
Oil prices fell during Thursday's trading in anticipation of the release of the OPEC monthly product... Read more
Gulf Markets
Boubyan Bank’s profits rise 25% in the first half to 21.5 million dinars
The financial statements of Boubyan Bank showed an increase in the bank's profits in the first half... Read more
Crypto currencies
The European Central plans to launch a "digital euro"
The European Central Bank has given the green light for a multi-year project to create a digital... Read more
Gulf Markets
BCI plans to acquire 49% of Union Chlorine
Basic Chemical Industries (BCI) has signed a non-binding letter of intent with Union Chlorine's o... Read more
UAE Markets
A fine and a ban on the former CFO of “Abraaj”
The Dubai Financial Services Authority has decided to fine (Ashish Dev), the former CFO of the Ab... Read more
UAE Markets
Sale of Emirates NBD's stake in National Insurance
Emirates NBD announced the sale of its entire stake in the National General Insurance Company to... Read more
Gulf Markets
Tihama reduces its capital by 42.9% before offering rights issue
Thama Advertising, Public Relations and Marketing Company, Tihama, decided to reduce and subseque... Read more
Gulf Markets
143 million riyals, profits of "Al-Riyadh Development" in the second quarter
Al-Riyadh Development Company's profits increased by 162.8% in the second quarter of 2021 to rea... Read more
Gulf Markets
Aldrees increases profits by 150% in the second quarter
Al-Drees Petroleum and Transport Services Company (Al-Drees) achieved a 150% growth in profits fo... Read more
World Markets
12 European plans to recover from Corona
European finance ministers approved 12 plans to revive the economy, funded by the European Union,... Read more
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