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
Salama Insurance earns 55 million in 2019
Islamic Arab Insurance (Salama) achieved a net profit of 55 million dirhams in the year ended De... Read more
UAE Markets
The Dubai Market distributes 200 million dirhams in cash
The DFM General Assembly approved the Board of Directors proposal to distribute 200 million dirha... Read more
World Markets
Germany supports the economy by 1.1 trillion euros to tackle Corona
The German parliament approved a comprehensive 1100 billion euro plan of measures to address the... Read more
World Markets
Russian banks violate the instructions of the Central Bank
A number of Russian banks raised the interest of consumer loans and mortgages, in exchange for r... Read more
World Markets
Expectations of a decrease in oil demand by 5 million barrels annually
Russell Hardy, CEO of Vitol Global Oil Trading Group, expected to lose oil demand from 15 to 20... Read more
Gulf Markets
Saudi "Enaya" applies to reduce its capital to 150 million riyals
The Saudi Enaya Cooperative Insurance Company has submitted a file requesting approval for the ca... Read more
Gulf Markets
The profits of "Chemical Industries" drop 16% in 2019
The basic chemical industries company profits decreased by 15.8% during the year 2019 to reach 59... Read more
World Markets
The Chinese central bank is considering cutting interest on deposits
The Chinese central bank is considering cutting interest rates on deposits for the first time in... Read more
Gulf Markets
Emaar The Economic City is losing 509 million riyals in 2019
Emaar The Economic City increased its losses by the end of 2019 to record 509 million riyals, co... Read more
Gulf Markets
15 million riyals losses Qassim Holding in 2019
The losses of Qassim Holding Holding Company for Investment Jaco in 2019 increased by 89.9% to 14... Read more
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