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
Agency: Saudi oil exports may decline in May
Oil sector sources and analysts said that Saudi Arabia's exports of crude oil in May are expected to... Read more
Gulf Markets
Moody's confirms the classification of 11 Saudi banks
Moody's International has confirmed the credit ratings of 11 Saudi banks, while adjusting its outloo... Read more
Gulf Markets
The profits of guest houses rise 14.6% in the first quarter to 10.9 million riyals
The financial statements of Dor Hospitality show an increase of 14.6% in the first quarter of this y... Read more
Gulf Markets
30.3 million riyals, profits of "Aldrees" in the first quarter of 2020
The financial statements of Aldrees Petroleum and Transport Services Company showed that the first q... Read more
Gulf Markets
"Care" profits rise 10.6% in the first quarter
The company said in a statement to the stock exchange that the increase in profits during the... Read more
Gulf Markets
Qatar Airways plans to cut jobs
Qatar Airways plans to cut a large number of jobs due to travel restrictions due to the spread of... Read more
World Markets
British car sales fell to the lowest level since 1946
Sales of new cars in Britain decreased by 97% during April, which is the lowest monthly level of... Read more
UAE Markets
Dubai real estate market records 21,000 transactions in 4 months
The real estate market in Dubai recorded 21,000 sales and financing deals and donations during th... Read more
UAE Markets
Arkan's operating profit improved during the first quarter
Arkan Building Materials has seen improvement in its operating profit in the first quarter of thi... Read more
UAE Markets
6 billion dirhams, the UAE central bank’s gold balance in the first quarter
The balance of the UAE Central Bank of gold bars reached about 6 billion dirhams during the first qu... Read more
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