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
World Markets
Corona lost Egypt another billion dollars in foreign reserves in May
The Egyptian foreign reserves decreased by about one billion dollars last May, as a result of the co... Read more
Gulf Markets
Walaa Cooperative Insurance turns to loss in the first quarter of 2020
The financial statements of Walaa Cooperative Insurance Company showed that the company shifted to... Read more
Gulf Markets
7 million riyals, National Insurance losses in the first quarter
National Insurance Company financial statements showed the company shifted to a loss at the end of... Read more
UAE Markets
"Takaful House" acquires two companies with 215 million dirhams
The Takaful House Company has entered into a legally binding share purchase agreement with the No... Read more
Gulf Markets
National gypsum turns to profitability in the first quarter
The National Gypsum Company (GESCO) turned to profitability during the first quarter of 2020, to... Read more
Gulf Markets
"Gulf Union" and "Ahlia Insurance" agree to merge
Gulf Union Cooperative Insurance Company signed a binding merger agreement with Ahlia Cooperativ... Read more
Gulf Markets
Saudi chemical profits fell 3.4% in the first quarter
According to Arabia Net, the company clarified in a statement that the reason for the decrea... Read more
UAE Markets
Emirates and Etihad extend wage cuts
Emirates Airlines and Etihad Airways have decided to extend employee salary cuts until September,... Read more
World Markets
China's exports fell 3.3% in May
China’s exports declined during May, as global global closure measures continued due to the Coron... Read more
UAE Markets
Foreign assets growth of UAE banks 17.5% within 4 months
The net foreign assets of Emirati banks increased by 17.5% to reach 79.8 billion dirhams during t... Read more
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