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
Dubai real estate market records 21,000 transactions in 4 months
The real estate market in Dubai recorded 21,000 sales and financing deals and donations during th... Read more
UAE Markets
Arkan's operating profit improved during the first quarter
Arkan Building Materials has seen improvement in its operating profit in the first quarter of thi... Read more
UAE Markets
6 billion dirhams, the UAE central bank’s gold balance in the first quarter
The balance of the UAE Central Bank of gold bars reached about 6 billion dirhams during the first qu... Read more
Crypto currencies
CEO: The blackout was a plan by Binance's competitors
Binance CEO Zhang Bingchao suspects that the recent denial of service attacks came from competing e... Read more
UAE Markets
Central: 1.7% of the UAE's real GDP in 2019
The Emirates Central Bank said that estimates indicate that the country's total real gross domestic... Read more
World Markets
The easing of public isolation measures is skyrocketing global oil prices
Oil prices rose 3% in trading on Monday, after more countries announced that they would start easing... Read more
Gulf Markets
Qassim Cement recommends the distribution of 90 million riyals for the first quarter of 2020
The board of directors of Qassim Cement Company recommended distributing cash dividends to the comp... Read more
Gulf Markets
4.1 million riyals, "MEPCO" profits in the first quarter .. down 28.7%
However, the above effect has been partially offset by the increase in sales volumes and t... Read more
Gulf Markets
The advanced petrochemical profits fell 35.6% in the first quarter
The financial statements of the advanced petrochemical company showed the profits of the first quar... Read more
UAE Markets
Karim dismisses 31% of its employees
Karim, a subsidiary of Uber Technologies, announced that it will lay off 536 employees this week... Read more
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