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
Abu Dhabi plans to issue dollar bonds in 3 tranches
The emirate of Abu Dhabi has begun to market the issuance of dollar-denominated bonds divided in... Read more
World Markets
The German economy fell 9.7% in the second quarter
The German economy contracted at a record rate of 9.7% in the second quarter; In light of the co... Read more
UAE Markets
Mubadala buys a stake in PCI pharmaceutical company
BCI Pharma Services, a specialist in the pharmaceutical industries and a subsidiary of the Partn... Read more
Gulf Markets
Saudi "Salik" and "Bahri" establish the National Company for Grain
The state-owned Saudi Company for Agricultural Investment and Animal Production (SALIC) and the... Read more
World Markets
Facebook pays $ 118 million in back taxes in France
The Facebook branch in France agreed to pay more than 100 million euros (118 million dollars) in... Read more
Gulf Markets
346 thousand riyals profits of Anaam Holding in the second quarter
Anaam International Holding Group achieved net profits of 346 thousand riyals in the second quar... Read more
Gulf Markets
Al Jazeera Takaful and Solidarity sign a binding merger agreement
Saudi (Al-Jazirah Takaful) and (Solidarity) signed a binding merger agreement, which includes th... Read more
Gulf Markets
Alujain turns to profitability in the second quarter
Alujain Holding Company turned to profitability during the second quarter of this year, to achie... Read more
Gulf Markets
666 thousand riyals losses of "abundance" in the second quarter
Wafrah for Industry and Development recorded losses of 666 thousand riyals during the second qua... Read more
Gulf Markets
Atheeb Telecom reduces its losses by 61%
Etihad Atheeb Telecom (GO) reduced its quarterly losses by 61% to reach 12.27 million riyals in... Read more
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