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
29% decline in Riyad Bank profits in the second quarter
Riyad Bank recorded a 29% decrease in second quarter 2020 profits to reach 1.06 billion riyals, c... Read more
Gulf Markets
434 million riyals, "Maaden" losses in the second quarter
The losses of the Saudi Arabian Mining Company (Maaden) increased by 78.17% after incurring a net... Read more
Gulf Markets
Al-Rajhi bank profit fell 3.8% in the second quarter
Al-Rajhi Bank recorded a decrease of 3.8% in the profits of the second quarter of 2020 to reach 2... Read more
UAE Markets
Dubai real estate transactions recorded 6.7 billion dirhams in a week
Real estate transactions in the Dubai Land Department have recorded more than 6.7 billion dirhams... Read more
World Markets
$ 3.43 billion Schlumberger losses for oilfield services
American Schlumberger has reported its second consecutive quarterly loss, And that after I record... Read more
World Markets
Russian central bank cut interest rates at 4.25%
The Central Bank of Russia lowered key interest rates to a record low low of 4.25 percent.... Read more
World Markets
French restrictions on "Huawei" equipment for the fifth generation
France is moving towards a de facto exclusion of the Chinese company Huawei from the mobile telec... Read more
World Markets
The largest deficit in Australia's budget since World War II
Australia's budget for the current fiscal year is heading to record the largest deficit since Wor... Read more
World Markets
Tesla profits in the second quarter of $ 104 million
Tesla Motors was able to record strong quarterly profits for the fourth consecutive quarter, as... Read more
World Markets
Weak demand drops Hyundai Motor profits by 75%
The profits of Hyundai Motor of South Korea fell by 75% in the second quarter of the year. T... Read more
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