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
The surplus reserves of UAE banks increase 211% in 8 months
The excess reserves of UAE banks and financial institutions jumped by 211% during the first eigh... Read more
UAE Markets
Abu Dhabi Market registers “Sawaeed Holding” with the electronic system in preparation for its listing on the stock exchange
Abu Dhabi Securities Exchange announced that the Clearing, Settlement and Depository Department has... Read more
Gulf Markets
The "Arab National" begins issuing dollar capital bonds from the second tranche
Arab National Arab Bank has announced the start of offering a second tranche capital bond denominat... Read more
World Markets
Oil prices are declining amid expectations of an increase in US crude inventories
Oil prices fell during today's trading, Wednesday, amid expectations of an increase in crude stocks... Read more
Crypto currencies
Official: New Zealand has no imminent plans to issue a central bank digital currency
According to a central bank executive, New Zealand financial authorities are in no hurry to issue a... Read more
UAE Markets
Union Real Estate is working on restructuring debt and reducing costs
The Union Real Estate Company, listed on the Dubai Financial Market, revealed that it is currently... Read more
World Markets
UBS Bank's profit growth of 99% in the third quarter
UBS Bank achieved a 99% growth in its third-quarter profit of this year to reach $ 2.1 billion.... Read more
World Markets
Sweden bans Huawei from developing its 5G network
Sweden has banned the use of telecommunications equipment belonging to Chinese companies Huawei... Read more
Gulf Markets
943 million riyals losses, "Saudi Kayan" in 9 months
Saudi Kayan Petrochemical Company incurred losses amounting to 943 million riyals during the fir... Read more
Gulf Markets
SAFCO's profit is down 4% in the third quarter
The profits of the Saudi Arabian Fertilizer Company (SAFCO) decreased by 4% to reach 397.5 milli... Read more
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