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
$ 283 million DAMAC Properties losses in 2020
Damac Properties' losses doubled by 2717% to reach 1.039 billion dirhams (about 283 million dollar... Read more
World Markets
7.3 billion dollars in losses from the London money market after leaving the European Union
the London money market lost shares in the derivative and equity trading market, after intense c... Read more
Gulf Markets
Leejam Sports lost 59 million riyals for the first time in its history
Leejam Sports (Fitness Time) incurred losses amounting to 58.72 million riyals, compared to 205.... Read more
UAE Markets
Emirati "Salama" doubles its annual profit to 136 million dirhams
UAE Islamic Arab Insurance Company (SALAMA) achieved net profits more than doubled and amounted... Read more
Gulf Markets
Yanbu Cement increases its profits 9% in 2020
Yanbu Cement Company achieved a growth rate of 9% in 2020 profits to reach 281.02 million riyals... Read more
Gulf Markets
72 riyals IPO price for "Alkhorayef Water Technology"
Saudi Fransi Capital announced that the final offer price for Alkhorayef shares for Water and En... Read more
Crypto currencies
A new record high for "Bitcoin" at 49 thousand dollars
The price of the cryptocurrency Bitcoin exceeded a new record level after rising by more than 2%... Read more
World Markets
Clariant's profits rise to $ 898 million in 2020
Clariant's sales decreased by 5% in local currencies for the full year of 2020, as demand in sever... Read more
World Markets
The European economy is down 7.4% in 2020
The European economy declined by 7.4% in 2020 due to the Corona pandemic, according to the Europea... Read more
UAE Markets
RAK Ceramics records the best profit in 3 years
RAK Ceramics achieved a pre-pandemic profit rise in the third quarter of last year, surpassing 201... Read more
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