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
Crypto currencies
Bitcoin price forecast to rise to $ 15,000 by the end of 2020
A survey conducted by the leading cryptocurrency company, Bitcoin IRA, showed that 42% of the platfo... Read more
Gulf Markets
Kuwaiti "Salihiya" Company sells a stake in a subsidiary, at a value of $ 92 million
Salhia Real Estate Company, listed on the Kuwait Stock Exchange, announced the sale of a 90% stake i... Read more
UAE Markets
Completion of the Emirati TAQA merger deal with Abu Dhabi Energy Corporation
Abu Dhabi National Energy Company announced today, Wednesday, the completion of its merger deal with... Read more
World Markets
Airbus to cut 15,000 jobs due to Corona
European aircraft maker Airbus announced on Tuesday that it will have to cut 15,000 jobs by the summ... Read more
UAE Markets
UAE denies reducing electricity delivery fees to citizens at present
The Minister of Energy and Industry and Chairman of the Board of Directors of the Federal Electricit... Read more
Gulf Markets
Institutions underwriting “Amlak International” achieves a coverage of 500%
Al-Ahli Capital, Director of Amlak International Real Estate Finance Company underwriting, announ... Read more
Gulf Markets
681 million riyals annual losses for "Fawaz Alhokair"
Fawaz Abdulaziz Al-Hokair & Co. incurred a consolidated net loss of 681.2 million riyals during... Read more
UAE Markets
DAMAC President is considering making it a private company
Hussein Sajwani, president of Damac Properties, is considering buying the holdings of minority sh... Read more
Gulf Markets
Gulf economies are expected to contract 7.6% this year
An official at the International Monetary Fund expected that the countries of the Gulf Cooperatio... Read more
UAE Markets
Dubai's GDP fell 3.5% in the first quarter
The media office of the Dubai government announced that the real GDP of the emirate shrank 3.5 pe... Read more
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