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
World Markets
The US Federal Reserve keeps interest near zero
The US Federal Reserve kept interest rates close to zero, and renewed its pledge to support t... Read more
World Markets
481 million euros, Airbus losses in the first quarter
The European Airbus Group incurred a net loss of 481 million euros in the first quarter of thi... Read more
World Markets
Barclays profits fell 38% in the first quarter
The profits of the British Barclays Bank decreased by 38%, before tax, to 923 million pounds i... Read more
World Markets
Boeing cuts its labor 10%
Boeing Dave Calhoun, CEO, announced that the company will reduce employment by about 10% in l... Read more
UAE Markets
56 UAE shareholding companies distribute 37.3 billion dirhams for the year 2019
The value of the cash dividends for 56 public joint stock companies listed on the UAE financial... Read more
World Markets
Fitch downgrades Italy because of Corona
Fitch credit rating agency announced that Italy's downgrade of one degree from BBB to -BBB with a st... Read more
Crypto currencies
May 1 ... Bitmex closes Japan service as new regulations apply
Bitmix, one of the world's largest cryptocurrency derivatives exchanges, announced on Tuesday that... Read more
Gulf Markets
Aldrees general assembly approves distributing 90 million riyals as annual profits
the General Assembly of Aldrees Petroleum and Transport Services approved at its meeting held on Tu... Read more
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