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
Saudi "Almarai" profits increase 7% in the third quarter
Saudi Almarai Company achieved a growth of 7% in its third-quarter profit to reach 621 million r... Read more
World Markets
Turkish wealth fund intends to support airlines
The Turkish Wealth Fund is in talks to provide emergency financing to Turkish Airlines, one of t... Read more
UAE Markets
AED 2.8 trillion in assets of UAE banks during the month of July
the value of the assets of UAE banks increased by 0.7% on a monthly basis, to reach 2.8 trillion... Read more
Gulf Markets
The Central Bank of Kuwait confirms its commitment to the stability of the dinar exchange rate
The Central Bank of Kuwait confirmed its commitment to the strength of the dinar and the stabili... Read more
Crypto currencies
Bitcoin is losing its safe haven myth
The reputation of the cryptocurrency Bitcoin shook as it declined in conjunction with the declin... Read more
Gulf Markets
Bin Dawood discloses loans worth 284 million riyals
The Saudi Bin Dawood Company has disclosed loans worth 284 million riyals it granted to related... Read more
Gulf Markets
427.5 million riyals were bought by foreigners in the Saudi market in September
net purchases by foreigners in the Saudi stock market amounted to 427.5 million riyals during th... Read more
World Markets
IATA: The aviation sector in the Middle East will lose 1.7 million jobs
The International Air Transport Association (IATA) has warned that the aviation sector and econo... Read more
UAE Markets
3.89 billion dirhams Dubai real estate transactions this week
Real estate transactions in the Dubai Land Department have achieved more than 3.89 billion dirha... Read more
UAE Markets
First Abu Dhabi issues additional $ 750 million bonds
First Abu Dhabi Bank issued additional tier 1 capital bonds at a fixed price of 750 million USD... Read more
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