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
The IMF improves its forecast for the Saudi economy
The International Monetary Fund has revised down its forecast of real GDP for most Gulf countrie... Read more
Gulf Markets
Wire profits jump 1518% in the third quarter
The Union Wire Factories Company (Aslak) achieved a jump in net profit after zakat and tax durin... Read more
UAE Markets
Union Properties profits 509 million dirhams in the third quarter
The Union Real Estate Company achieved profits of 509 million dirhams during the third quarter o... Read more
UAE Markets
Mubadala invests 200 million euros in German Evoteq
the UAE-based Mubadala Company announced that it has entered into a strategic partner in the Ger... Read more
UAE Markets
Drake & Scull wins 200 million dirhams in the first half
UAE company Drake & Scull achieved profits of 199.8 million dirhams during the first half of 202... Read more
Gulf Markets
The "Red Sea" signs a service contract with "NEOM", worth 53 million riyals
The Red Sea International Company announced the signing of a contract with NEOM, to provide facilit... Read more
UAE Markets
Global Holding invests 187 million dirhams in Oxford Nanopore
The International Holding Company announced its investment of 187 million dirhams in the Oxford Nan... Read more
Crypto currencies
The seven industrialized nations oppose launching Libra until the regulations are enforced
The countries representing the world's largest economies said in a draft statement that they would... Read more
World Markets
Oil prices are rising in the morning in anticipation of the release of the OPEC monthly report
oil prices rose during Tuesday's trading in anticipation of the release of OPEC's monthly productio... Read more
Gulf Markets
The Sultanate of Oman applies VAT after 6 months
The Sultanate of Oman announced the imposition of a value-added tax at a rate of 5% according to... Read more
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