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
Al-Rajhi’s annual profit increased by 4%, to reach 10.6 billion riyals
Al-Rajhi Bank achieved a growth of 4.3% in net profit to reach 10.59 billion riyals in 2020, compar... Read more
Crypto currencies
The "Cash Up" app will temporarily suspend purchases of "AMC" and "Nokia" shares
CashApp, the Bitcoin-compatible mobile payments app from Square, the US financial services company,... Read more
Gulf Markets
"Fitch" affirms Kuwait's rating at "AA", modifying the outlook to "negative"
Fitch confirmed its sovereign credit rating of the State of Kuwait at AA with a change in the outlo... Read more
UAE Markets
Dubai Financial Market profits of 138 million dirhams in 2020
The financial statements of the Dubai Financial Market Company, which manages and supervises the ma... Read more
World Markets
Biden facilitates 9 million immigrants obtaining US citizenship
US President Joe Biden requested, on Tuesday, his government to facilitate the naturalization of 9... Read more
World Markets
Brent crude at $ 58 for the first time since March
Oil prices recorded their highest levels in nearly 12 months, after rising more than 2% Today, Tues... Read more
Gulf Markets
$ 56.4 billion, foreign investments in the Saudi market in January
Foreign investors recorded in the Saudi stock market last January, net purchases of about 1.9 billi... Read more
UAE Markets
A partnership between "ADNOC" and "Abu Dhabi Pensions" of 3.3 billion dirhams
The Abu Dhabi National Oil Company, ADNOC, today signed a real estate investment partnership agree... Read more
UAE Markets
UAE Agthia’s profits drop 75% in 2020
The Emirati agthia company recorded profits below expectations for 2020, as profits fell by 75% com... Read more
Gulf Markets
Fitch expects the merger of Qatari banks
Fitch expects the merger of Qatari banks. Fitch expects that mergers will occur among Qatari... Read more
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