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
Bupa Arabia increases its profits 16% in 2020
Bupa Arabia for Cooperative Insurance achieved a growth of 15.577% in profits, as the net profit b... Read more
Gulf Markets
Al Kathiri Holding's profits will drop 40% in 2020
The profits of Al Kathiri Holding Company decreased by 39.7%, with net profit reaching 9.5 million... Read more
Gulf Markets
Saudi Arabia: Motivational initiatives for establishments operating in the Hajj and Umrah sector
The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud approved 6 incentive initia... Read more
Crypto currencies
PayPal buys cryptocurrency custodian "Corve"
payments giant PayPal has acquired Israeli-based cryptocurrency firm Corve for an undisclosed sum.... Read more
UAE Markets
UAE Agthia recommends distributing 16.5 fils in cash per share for the year 2020
The board of directors of Emirates Agthia Group has recommended a 16.5% cash dividend to the compan... Read more
Gulf Markets
"Makkah Development" turns to loss in 2020, amounting to 59 million riyals
Makkah Construction and Development Company's financial statements showed that the company has shif... Read more
Gulf Markets
Kuwait's GDP is down 23% due to the Corona pandemic
Official data issued by the Central Bureau of Statistics revealed a decline in gross domestic produ... Read more
World Markets
The dollar rose to its highest level in two and a half months
The US dollar headed to its highest level in two and a half months, as the increase in US Treasury... Read more
World Markets
German industrial output fell in January
unexpectedly and following a significant increase in the previous month's reading, German industria... Read more
Gulf Markets
Nadec intends to acquire Dafa Agri
The National Agricultural Development Company (NADEC) has entered into a non-binding memorandum of... Read more
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