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
Gulf Markets
Moby's profits grow 10% in the first half
The National Chemical Fertilizers Manufacturing Company (MOBI) achieved a profit growth of 10.4%, r... Read more
UAE Markets
Dubai Islamic issues $500 million sukuk
Dubai Islamic Bank, the largest Islamic bank in the UAE, plans to issue dollar-denominated sukuk... Read more
Crypto currencies
Nigeria takes first steps to launch its own digital currency
Nigeria plans to launch its own official digital currency, after it banned financial institutions fr... Read more
UAE Markets
The UAE "Holding" withdraws an offer to merge Abu Dhabi National Hotels with "ADNC"
The Abu Dhabi National Hotels Company said in a stock exchange statement that ADQ Holding Company, w... Read more
UAE Markets
Abu Dhabi market cancels the minimum fees for trading commissions .. as of today
The Abu Dhabi Securities Exchange announced that it will abolish the minimum fees for trading commis... Read more
Gulf Markets
New residential mortgage contracts in Saudi Arabia grow by more than 8%
The new residential real estate finance contracts for individuals in Saudi Arabia this year witnesse... Read more
Gulf Markets
Kuwait's reserves with the "International Monetary" reach its highest levels
Kuwait's cash reserve with the International Monetary Fund rose last June to a new record level, rea... Read more
World Markets
Oil prices fall as US refineries shut down due to Hurricane Ida
Oil prices fell today, Tuesday, on fears that power outages and floods in the US state of Louisiana... Read more
UAE Markets
Emirates Aluminum will be launched in the first half of 2022
Emirates Aluminum is expected to be rolled out in the first half of 2022, according to Mohamed Ali Y... Read more
World Markets
The Central Bank of Egypt agrees to sell 76% of the Arab Investment Bank
The Central Bank of Egypt has agreed to complete the acquisition of 76% of the capital of the Arab... Read more
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