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
"Alhokair Tourism" turns into profitability in the first quarter with a value of 2.1 million riyals
The financial statements of Abdul Mohsen Al Hokair Tourism and Development showed a positive shift... Read more
Gulf Markets
Walaa Insurance signed a contract with Arab Bank for 2.3 million riyals
Walaa Cooperative Insurance Company and the Arab Bank announced the signing of an insurance coverage... Read more
Gulf Markets
Saudi "Al-Ahli Commercial" intends to issue additional Sukuk
The National Commercial Bank announced its intention to issue additional Sukuk of Class 1 in Saudi... Read more
World Markets
French investment fund to support the aviation sector
France intends to announce a stimulus plan for the aviation industry within ten days, as the coun... Read more
World Markets
An American company is developing new technology to detect counterfeit money
================= Crane Karncy has developed a new technology in the field of banknote printin... Read more
UAE Markets
Dubai may experience a 5.5% recession in 2020
Bank of America predicts that Dubai will experience a 5.5% recession in 2020; It faces debt matur... Read more
Gulf Markets
The Saudi foreign assets fall 4.5% in April
The foreign assets of the Saudi Central Bank decreased by 4.5% and by $ 20 billion in April.... Read more
UAE Markets
2.9 trillion dirhams assets of Abu Dhabi and Dubai banks in April
The total assets of banks operating in the emirates of Abu Dhabi and Dubai amounted to 2.897 tril... Read more
World Markets
Malaysia-Singapore high-speed train project postponed
Malaysia and Singapore have agreed to suspend the high-speed rail project, which links the Malays... Read more
Gulf Markets
His Highness Real Estate distributes SR 25 million in cash dividends
The Board of Directors of the Saudi Highness Real Estate Company recommended distributing 25 mil... Read more
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