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 $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
Economic News
Gulf Markets
Saudi Arabia establishes a state-owned mining company
The Saudi Cabinet approved, in principle, the establishment of a state-owned joint stock company fo... Read more
World Markets
American crude continues to decline .. Brent is rebounding upwards
The US benchmark West Texas Intermediate crude contracts for June delivery ended Tuesday's session,... Read more
UAE Markets
UAE: Local banks may write off part of NMC's debt
Banking sources said that UAE banks exposed to a hospital operator with problems (NMC Health) face t... Read more
Gulf Markets
34.1 billion riyals Saudi budget deficit in the first quarter of 2020
The budget of the Kingdom of Saudi Arabia showed a deficit of 34.107 billion riyals ($ 9.09 billion)... Read more
Gulf Markets
"FIPCO" turns into profitability in the first quarter with 4.2 million riyals
Filling & Packaging Material Manufacturing Company (FIPCO) turned to profitability to achieve... Read more
Gulf Markets
SAFCO's earnings fell 9.5% in the first quarter
The profits of Arab Fertilizers Company (SAFCO) decreased by 9.5% to reach 303.5 million riyal... Read more
World Markets
Nissan expects to record its first operating loss in 11 years
Nissan Motor announced that it expects to record the first operating loss in 11 years due to t... Read more
World Markets
Yo earnings. In me. S. You jump 40% in the first quarter
UBS, the world's largest wealth manager, increased 40% in net profit for the first quarter of 202... Read more
UAE Markets
Dubai Clearinghouse and Dubai Central Depository start operating on the Dubai Financial Market
Today, the official launch of Dubai Clearing Company and Dubai Depositary as two independent... Read more
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