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
Financial penalties on 11 UAE banks
The UAE Central Bank imposed financial penalties with a total value of 45 million 758 thousand a... Read more
World Markets
Accusing the president of Mozambique of receiving a bribe from an Arab billionaire
Mozambican President Philip Nyusi is accused of taking a bribe from Privinvest Shipbuilding and... Read more
UAE Markets
Arada Real Estate launches a project in Sharjah worth 8 billion dirhams
UAE-based Arada Real Estate Company has launched a luxury project in the Emirate of Sharjah, wor... Read more
Gulf Markets
The Saudi Group increases its profits by 273% in the fourth quarter
The Saudi Industrial Investment Group achieved a 273% increase in its fourth quarter 2020 profit... Read more
Gulf Markets
One billion riyals profits for "Jarir Marketing" in 2020
Jarir Marketing Company achieved a 4% growth in its fourth quarter of 2020 profits to reach 287.... Read more
Gulf Markets
Petrochem’s profit grew 89% in the fourth quarter
The National Petrochemical Company (Petrochem) achieved 88.7% growth in profits for the fourth q... Read more
World Markets
Egypt is on its way to become one of the top 10 exporters of natural gas in the world
A recent report predicted that Egypt would close to becoming among the top 10 exporting countries o... Read more
UAE Markets
The Council of Ministers sets conditions for obtaining Emirati citizenship
yesterday, Saturday, the UAE Cabinet approved the amendment of some provisions related to the execu... Read more
Gulf Markets
SABIC's annual profit fell 99.2% to 40 million riyals
The financial statements of the Saudi Basic Industries Corporation (SABIC) showed that the company'... Read more
Crypto currencies
Visa affirms its commitment to digital and fiat payments
During a first-quarter Visa earnings call on Thursday, Chairman and CEO Al Kelly dedicated a portio... Read more
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