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
4.1 million riyals, "MEPCO" profits in the first quarter .. down 28.7%
However, the above effect has been partially offset by the increase in sales volumes and t... Read more
Gulf Markets
The advanced petrochemical profits fell 35.6% in the first quarter
The financial statements of the advanced petrochemical company showed the profits of the first quar... Read more
UAE Markets
Karim dismisses 31% of its employees
Karim, a subsidiary of Uber Technologies, announced that it will lay off 536 employees this week... Read more
World Markets
The American "Group J" Group declares bankruptcy
The American J. Crew Group filed for bankruptcy due to its inability to repay its debts and its i... Read more
World Markets
Egypt imposes new fees to collect 15 billion pounds annually
The Egyptian parliament approved legal amendments to develop the state’s resources about 15 billi... Read more
Gulf Markets
KFH CEO dismissed for opposing acquisition of Al-Ahly United
Kuwait Finance House (KFH), the largest Islamic bank in Kuwait, is the chief executive of the group,... Read more
UAE Markets
British investigation of the "NMC" auditor
The British Financial Reporting Authority launched an investigation with Ernst & Young, the finan... Read more
World Markets
The European industry sector collapses in April
The industrial sector in the eurozone collapsed last April with governments imposing measures to... Read more
UAE Markets
Two-thirds of the members of the "International Exhibition" agree to postpone the "Dubai Expo"
A majority of two-thirds of the members of the International Exhibitions Bureau voted in favor o... Read more
UAE Markets
The General Assembly of “Salama Insurance” approves the increase of foreign ownership to 49%
The General Assembly of the Arab Islamic Insurance (Salama) decided to increase the percentage o... Read more
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