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
Global Red Sea losses rise 15.2% in the first half
The financial statements of the Red Sea International Company showed an increase in the company's l... Read more
Gulf Markets
"Kuwait International" obtains the approval of the authority to issue $ 750 million worth of sukuk
Kuwait International Bank announced that it has obtained the approval of the Kuwait Capital Markets... Read more
UAE Markets
368.5 billion dirhams of the UAE's GDP in the first quarter
The GDP at constant prices of the UAE reached 368.52 billion dirhams during the first quarter of... Read more
World Markets
America tightens restrictions on Huawei
The US administration announced that it will further tighten restrictions on Huawei Technologies... Read more
World Markets
Japan records its largest economic contraction in the second quarter
Japan recorded its largest economic contraction during the second quarter due to the repercussio... Read more
World Markets
French Sanofi acquires American "Principia Biopharma"
The French pharmaceutical company Sanofi agreed to buy the American company Principia Biopharma,... Read more
UAE Markets
Dubai's economy is expected to contract 5.2% in 2020
The Japanese financial group Mitsubishi UFG expects that Dubai's economy will contract by 5.2 pe... Read more
UAE Markets
Real estate homes turn into a loss in the first half
Emirati Manazel Real Estate Company turned into a loss during the first half of the year 2020, a... Read more
UAE Markets
Offer to unify the business of the two companies "marine bulldozers" and "petroleum construction"
The Emirates National Petroleum Construction Company has submitted an offer to the Board of Dire... Read more
Crypto currencies
Hong Kong arrests Bitcoin ATM machine thieves
authorities recently detained three men after defrauding them for stealing HK $ 226,000 from Bitcoi... Read more
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