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
Emaar Malls profits down 70% in the first half
UAE-based Emaar Malls reported a 70% drop in first-half 2020 profits to reach 345 million dirham... Read more
World Markets
America is considering reducing the capital gains tax
US President Donald Trump is considering reducing the capital gains tax in the United States and... Read more
World Markets
Russia: Nord Stream 2 pipeline to be completed soon
Russian Foreign Minister Sergey Lavrov announced that the Nord Stream 2 gas pipeline to Germany... Read more
World Markets
$ 8.35 billion in losses from Occidental Petroleum in the second quarter
US Occidental Petroleum recorded its fourth consecutive quarterly loss as it set aside $ 6.6 bil... Read more
World Markets
SoftBank's profit of $ 11.8 billion in the first quarter
SoftBank Group shifted to profitability during the first quarter of this year after recording re... Read more
Gulf Markets
Arab Shield's profits grow 69% in the second quarter
Arab Shield Cooperative Insurance Company achieved a growth of 69.2% in net profits before zakat... Read more
Gulf Markets
Al-Rajhi Takaful increases its quarterly profits by 87%
Al-Rajhi Company for Cooperative Insurance achieved a growth of 87% in the quarterly profits bef... Read more
UAE Markets
169 million dirhams losses «Air Arabia» in the first half
Air Arabia incurred net losses of 169 million dirhams during the first half, as a result of flig... Read more
World Markets
Lebanon and the Diaspora intends to sell its stake in "Bloom Egypt"
BLOM Bank is considering selling its stake in BLOM Bank Egypt in view of the current conditions... Read more
World Markets
A relative rise in the dollar pushes gold to temporarily decline
gold prices fell during trading on Tuesday, after the US dollar witnessed a relative rise against t... Read more
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