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
Emirates NBD recommends distributing 0.4 dirhams per share
The Emirates NBD Board of Directors recommended the distribution of cash dividends totaling 2.52... Read more
World Markets
Global bid for gold exploration in Egypt
Egypt intends to launch a global bid for gold exploration in the Eastern Desert during the first... Read more
UAE Markets
UAE economy achieves 2.9% growth in 2019
The real gross domestic product of the UAE has achieved a growth of 2.9% in 2019, according to t... Read more
Gulf Markets
A negative change in the annual results of Saudi Kayan ... and losses 637 million riyals
The financial statements of Saudi Kayan showed that the company transformed losses in the past year... Read more
World Markets
S&P downgrades Lebanon with a negative outlook
Standard & Poor's downgraded the credit rating of the Republic of Lebanon to (CC / C); in anticipati... Read more
Gulf Markets
Aramco developed the Al Jafurah gas field ... and started production in early 2024
Saudi Aramco obtained regulatory approval for the development of the unconventional gas field, and t... Read more
World Markets
IMF: Corona reduces global growth 0.1 percentage point
The International Monetary Fund announced that the spread of the Coruna virus will reduce global... Read more
UAE Markets
The district cooling sector in the UAE earns 1.5 billion dirhams in 2019
The district cooling industry sector in the UAE achieved a net profit of 1.5 billion dirhams in... Read more
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