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
Emirates Aluminum achieves record results in 2021
Emirates Global Aluminum Company achieved record results in its adjusted and net profits in 2021, as... Read more
World Markets
The European Union tightens the screws on Russia
The European Union announced the inclusion of 26 people and entities from Russia on its list of sanc... Read more
World Markets
Oil prices rise below $100 a barrel
International oil prices rose during trading on Tuesday, to trade below the $100 per barrel level, w... Read more
World Markets
Turkish gas price rises 18.3%
The price of natural gas used to produce electricity in Turkey rose by 18.3%, according to an announ... Read more
Gulf Markets
"Hail Cement" profits decline 60.4% in 2021
The financial statements of Hail Cement Company showed a decline in the company's profits last year... Read more
World Markets
Norway's wealth fund freezes investments in Russia
Norway's sovereign wealth fund plans to divest from its Russian assets after Russia's attack on U... Read more
UAE Markets
"First Abu Dhabi" sells a stake in "Magnati" payments unit
First Abu Dhabi Bank has announced that Brookfield Business Partners and its partners have agreed... Read more
Gulf Markets
"SASCO" earns 8 million riyals by liquidating 99% of its investment portfolio
The Saudi Automotive Services Company, SASCO, announced the liquidation of 99% of its investment... Read more
Gulf Markets
Arab Cement profits decline 12.6% in 2021
Arabian Cement Company recorded a 12.6% decline in net profit to reach 161.5 million riyals in 20... Read more
World Markets
Russia threatens to stop pumping gas to Europe
Georgy Borisenko, Russia's ambassador to Cairo, announced that his country would stop pumping gas... Read more
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