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
Expectations of a 20% decline in profits of Gulf banks next year
A report by Moody's expects that bank profits in the Gulf countries will decline by 20% in 2021,... Read more
World Markets
$ 418 million daily losses for global airlines
The International Air Transport Association (IATA) called on governments to provide more support... Read more
World Markets
SoftBank’s share reached its highest level in 20 years
SoftBank's share price jumped to its highest level in 20 years, in light of expectations that th... Read more
Gulf Markets
96 riyals the final price for the subscription of "Bin Dawood" Holding
Bin Dawood Holding Company has set the final price for its IPO at 96 Saudi riyals per share.... Read more
Gulf Markets
"Moody's" confirms the classification of Burgan Bank of Kuwait with a stable outlook
The credit rating agency, Moody's, announced the completion of the periodic review of Burgan Bank r... Read more
UAE Markets
Emirati "Tabreed" issues debt instruments worth one billion dollars
The National Central Cooling Company said that the company’s shareholders decided to authorize the... Read more
Crypto currencies
Ripple is considering leaving the United States due to a lack of regulatory clarity
Ripple is considering moving to Europe or Asia amid growing frustration over the lack of regulatory... Read more
Gulf Markets
Al-Jazira Takaful signs contracts worth 41 million riyals with Bank Al-Jazira
Al-Jazira Takaful Cooperative announced that it has signed an agreement with Bank Al-Jazira to prov... Read more
World Markets
Billionaires' wealth around the world is growing despite the Corona pandemic
The amount of wealth owned by billionaires around the world exceeded the $ 10 trillion barrier, dur... Read more
UAE Markets
Abu Dhabi Holding establishes a giant food company
The Emirate of Abu Dhabi intends to establish a new national entity in the food sector by mergin... Read more
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