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
$ 12 billion daily losses for the global aviation sector
Walid al-Subaie, a member of the Travel and Tourism Council at the Chamber of Commerce and Indust... Read more
World Markets
8.3 million Arabs are threatened by poverty due to Coruna
The United Nations expects that the spread of the new Corona virus will result in more than eight... Read more
UAE Markets
Union Coop distributes 24% cash dividends
The General Assembly of the Union Cooperative agreed to distribute cash dividends by 24%, and re... Read more
UAE Markets
Strong growth in futures trading on the "Dubai Gold Exchange"
The Dubai Gold and Commodities Exchange (DGCX) achieved record growth during the month of March i... Read more
Gulf Markets
Gulf banks reduce lending to avoid a dollar liquidity crisis
Bankers said Gulf banks are seeking to reduce lending to reduce potential losses due to the Coron... Read more
Gulf Markets
Corona threatens the profits of Gulf insurance companies
Standard & Poor's said that the repercussions of the Coruna virus and the decline in oil prices w... Read more
UAE Markets
Emiratis to invest 1.65 billion dirhams in stock markets during March
Net citizens' investment in UAE financial markets was approximately 1.65 billion dirhams during t... Read more
UAE Markets
Abu Dhabi Energy is establishing two waste power plants
Abu Dhabi Energy Corporation, through the Emirates Water and Electricity Company, signed a memora... Read more
UAE Markets
ADNOC Distribution distributes 2.39 billion profit in 2019
The general assembly of ADNOC Distribution agreed to pay the second and last half of the dividen... Read more
UAE Markets
Dubai Aviation holds $ 2.8 billion in cash at the end of March
Dubai Aviation Industries Company ended the first quarter of 2020 with available liquidity amoun... Read more
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