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
Iran applies to join BRICS
Iran's Foreign Ministry spokesman said that his country has submitted an application to join the gro... Read more
World Markets
Nike's profit in three months exceeds expectations
Nike, Inc. earned $1.44 billion, or 90 cents a share, in the three months ended May 31, 2022, compar... Read more
World Markets
Siemens to buy US company for $1.6 billion
Germany giant Siemens has announced that it will buy the US company Brightly Software for about $1.5... Read more
UAE Markets
Mashreq Bank issues dollar bonds
Dubai's Mashreqbank has appointed banks to arrange the sale of additional Tier 1 dollar-denominated... Read more
Gulf Markets
Dar Al-Arkan intends to issue 3-year dollar sukuk
Dar Al-Arkan intends to issue a standard-size dollar unsecured sukuk (senior unsecured sukuk) of $50... Read more
UAE Markets
"TECOM" covers the subscription 21 times, and the share price is 2.67 dirhams
The subscription of TECOM in the Dubai market was covered 21 times, and the stock was priced at a m... Read more
Gulf Markets
"Arab National" recommends distributing 750 million riyals in semi-annual cash dividends
The Arab National Bank's board of directors recommended distributing interim cash dividends to the b... Read more
UAE Markets
"Dana Gas" confirms the continuation of production operations in "Khormore" in Iraq
The UAE company, Dana Gas, confirmed that there were no casualties or damage, as a result of the fal... Read more
World Markets
Russia defaults on foreign currency debt
Russia has defaulted on foreign-currency debt for the first time in more than 100 years, as the grac... Read more
World Markets
Brent crude settles at $113 a barrel, amid anticipation of the G7 meeting
Brent crude settled at $113 a barrel, during trading on Monday, as investors awaited any decision re... Read more
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