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
AED 106 million Damac losses in the first quarter
UAE Damac Properties recorded losses of 106 million dirhams in the first quarter of 2020, compar... Read more
UAE Markets
Emirates hotels receive 26.5 million visitors in 2019
The number of guests that Emirates hotels received during the year 2019 reached about 26.5 millio... Read more
UAE Markets
Recreation facilities reopened for Emaar and Majid Al Futtaim
Emaar Entertainment announced that it will return to receive visitors in three entertainment ven... Read more
UAE Markets
Sharjah Chamber issued 4,527 certificates of origin in two months
The number of members of the Chamber from the free zones reached 115 members. His Exce... Read more
UAE Markets
Fitch Fixes Abu Dhabi Islamic Credit Rating at A +
Fitch rated Abu Dhabi Islamic Bank's long-term creditworthiness ratings at A + and BB's financial... Read more
World Markets
New York Auto Show 2020 canceled
Due to the current Corona Virus pandemic, the New York Motor Show 2020, which was previously post... Read more
World Markets
Britain reduces Huawei's participation in the fifth generation network
The British Prime Minister Boris Johnson intends to reduce the participation of Chinese company H... Read more
World Markets
The worst monthly decline in Japan's exports since 2009
In April, Japan recorded its worst monthly drop in exports since the 2009 financial crisis.... Read more
Gulf Markets
14 million riyals, Borouge Insurance losses in the first quarter
Buruj Cooperative Insurance Company recorded losses of 13.99 million riyals in the first quarter... Read more
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