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
Restart the largest Emirati oil refinery
Abu Dhabi National Oil Company (ADNOC) has started a gradual restart of operations at the Ruwais... Read more
Gulf Markets
Saudi "skill" increases quarterly profit by 6%
Mahara Human Resources has achieved 6% growth in first quarter 2020 profits to reach 57 million r... Read more
UAE Markets
RAKBANK's profit fell 43.2% in the first quarter
National Bank of Ras Al-Khaimah (RAKBANK) posted a 43.2% decline in net profit for the first qua... Read more
Gulf Markets
Saudi Electricity increases its losses by 64% in the first quarter
Saudi Electricity Company losses increased by 63.9% in the first quarter of 2020. According to... Read more
UAE Markets
UAE "Mubadala" intends to issue dollar bonds
Mubadala Investment Company has started talks with banks regarding a possible issuance of dollar... Read more
Gulf Markets
The largest decline in the Saudi Stock Exchange in two months
The Saudi stock market witnessed a sharp decline today after gains over three sessions, where the... Read more
UAE Markets
Adding 3,180 new accounts in Dubai Market in 4 months
Brokerage firms operating in the Dubai Financial Market added about 3180 new accounts during the... Read more
World Markets
$ 14 billion loss to Tesla due to a tweet
Tesla Electric Vehicles lost about $ 14 billion due to a tweet on its social networking platform... Read more
UAE Markets
Abu Dhabi non-oil trade increases 3.6% in two months
Abu Dhabi's non-oil foreign trade achieved a growth of 3.6% to reach 37.1 billion dirhams during... Read more
UAE Markets
Emiratis invest 2.43 billion dirhams in financial markets in 4 months
The net investment of Emirati citizens in financial markets increased to 2.43 billion dirhams dur... Read more
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