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 $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
Economic News
World Markets
Fitch downgrades Italy because of Corona
Fitch credit rating agency announced that Italy's downgrade of one degree from BBB to -BBB with a st... Read more
Crypto currencies
May 1 ... Bitmex closes Japan service as new regulations apply
Bitmix, one of the world's largest cryptocurrency derivatives exchanges, announced on Tuesday that... Read more
Gulf Markets
Aldrees general assembly approves distributing 90 million riyals as annual profits
the General Assembly of Aldrees Petroleum and Transport Services approved at its meeting held on Tu... Read more
Gulf Markets
Saudi Arabia establishes a state-owned mining company
The Saudi Cabinet approved, in principle, the establishment of a state-owned joint stock company fo... Read more
World Markets
American crude continues to decline .. Brent is rebounding upwards
The US benchmark West Texas Intermediate crude contracts for June delivery ended Tuesday's session,... Read more
UAE Markets
UAE: Local banks may write off part of NMC's debt
Banking sources said that UAE banks exposed to a hospital operator with problems (NMC Health) face t... Read more
Gulf Markets
34.1 billion riyals Saudi budget deficit in the first quarter of 2020
The budget of the Kingdom of Saudi Arabia showed a deficit of 34.107 billion riyals ($ 9.09 billion)... Read more
Gulf Markets
"FIPCO" turns into profitability in the first quarter with 4.2 million riyals
Filling & Packaging Material Manufacturing Company (FIPCO) turned to profitability to achieve... Read more
Gulf Markets
SAFCO's earnings fell 9.5% in the first quarter
The profits of Arab Fertilizers Company (SAFCO) decreased by 9.5% to reach 303.5 million riyal... Read more
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