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 $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
Economic News
Gulf Markets
Corona's crisis reduces National Bank of Kuwait profits by 47% in the first half
The National Bank of Kuwait said that the repercussions of the Corona Virus pandemic cast a negative... Read more
Gulf Markets
29 billion dollars, Saudi Arabia's budget deficit in the second quarter
The Saudi budget recorded a deficit of 109.2 billion riyals ($ 29.12 billion) in the second quart... Read more
UAE Markets
First Abu Dhabi profit fell 24% in the first half
First Abu Dhabi Bank reported a 24% decline in first-half profit for the first six months of 2020... Read more
World Markets
Italian "Eni" achieves new oil discovery in Egypt
The Italian company Eni announced a new oil discovery, and new production started in the southwes... Read more
Gulf Markets
Amlak’s global earnings growth of 21% in the second quarter
The profits of Amlak International Real Estate Finance Company increased by 21% to reach 23.8 mil... Read more
UAE Markets
Salama Insurance raises the percentage of foreign ownership to 49%
The Emirates Securities and Commodities Authority agreed to raise the percentage of foreign owne... Read more
World Markets
Gold gains shrink after a record rise .. The metal is still a safe haven
The gains of the yellow metal (gold) diminished during trading on Tuesday, after a record rise in th... Read more
Gulf Markets
Bank Al-Jazira profit fell 34.2% in the second quarter
Bank Aljazira financial data showed that the bank’s profits in the second quarter of this year decr... Read more
Crypto currencies
Agency: Bitcoin price may soon rise above $ 12,000
A mid-year report by Bloomberg News indicated that the price of Bitcoin digital currency (BTC) could... Read more
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