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
Real estate transactions in Abu Dhabi rise 22% in the first quarter
Abu Dhabi real estate transactions and mortgages increased by 22% in terms of value, to record 19... Read more
UAE Markets
Emirati "Aman" decides not to distribute profits for 2019
The general assembly of Dubai Islamic Insurance and Reinsurance Company decided that it was safe... Read more
UAE Markets
75.4 million dirhams of profits for Fujairah National in the first quarter
National Bank of Fujairah recorded a net profit of 75.4 million dirhams in the first quarter of 2... Read more
UAE Markets
Dubai Islamic profits fell 17% in the first quarter
Dubai Islamic Bank recorded a 17% decline in first quarter 2020 profits to reach 1.111 billion di... Read more
Gulf Markets
Saudi Petrochem profits decline 73% in the first quarter
The initial financial statements of the National Petrochemical Company (Petrochem) showed a decline... Read more
Gulf Markets
A big jump in the results of "Savola" in the first quarter .. and profits 173 million riyals
Savola Group financial data showed a significant jump in the results for the first quarter of this y... Read more
Crypto currencies
The coin exchange "Queen Biz" crashes during a hectic day of bitcoin
The major US digital currency exchanges, CoinBase, and the professional trading platform, CoinBase P... Read more
World Markets
Oil prices jump more than 10% ... and a sudden drop in gasoline
Oil prices recorded a jump of more than 10% during trading yesterday, Wednesday, after crude invento... Read more
World Markets
Hopes growing for an expected property for Corona would rise by US and European shares
US stocks rose strongly yesterday, in anticipation of an effective drug to treat the emerging corona... Read more
Gulf Markets
"Sadaq" uses the reserve to cover accumulated losses of 26 million riyals
The Board of Directors of the Saudi Industrial Development Company (SIDC) recommended to the General... Read more
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