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-Jadaan: Corona's impact on Saudi public finance will appear in the second quarter
The Saudi Finance Minister said that the impact of the Corona pandemic on Saudi public finance will... Read more
Crypto currencies
Queen Biz: Bitcoin beats gold
A Bitcoin (BTC) offering a clear advantage over gold, a report published by leading US digital curre... Read more
Gulf Markets
Sipchem distributed 440 million riyals for the first half
The board of directors of the International Desert Petrochemical Company Sipchem approved a divi... Read more
Gulf Markets
Saudi Arabia's Maaden loses 353.3 million riyals in the first quarter
The Saudi Arabian Mining Company (Maaden) incurred huge losses amounting to 353.3 million riyals... Read more
Gulf Markets
Saudi "Zain" profits decline 19% in the first quarter
The profits of Saudi Mobile Telecommunications Company Zain decreased by 18.6% to reach 105 milli... Read more
UAE Markets
Dubai real estate behavior is 1.33 billion dirhams this week
Real estate disposal in Dubai Land Department has achieved more than 1.33 billion dirhams this w... Read more
UAE Markets
The private sector deposits in UAE banks increased 1.7% during March
The total private sector deposits in UAE banks increased to approximately 1.076 trillion dirhams... Read more
World Markets
Unemployment in Germany rises 13.2% in April
The number of unemployed people in Germany increased by 13.2% in April due to the Corona epidemic... Read more
UAE Markets
Postponing the sale of assets of 2 billion dollars in Abu Dhabi
The Abu Dhabi Investment Authority, the sovereign wealth fund in the emirate, has postponed the s... Read more
World Markets
SoftBank expects losses that exceed expectations
SoftBank kept sales estimates at 6.15 trillion yen over the past fiscal year. SoftBank had s... Read more
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