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
Emirati “Diyar” is losing $ 59 million in 2020
The Dubai Financial Market-listed Deyaar Development Company lost about 216.92 million dirhams (abo... Read more
UAE Markets
The International Monetary Fund expects the UAE economy to grow by 3.1% in 2021
The International Monetary Fund has expected that the UAE economy will grow by 3.1% this year, comp... Read more
UAE Markets
Tabreed intends to acquire refrigeration assets at Dubai Airport
Tabreed intends to potentially acquire district cooling assets located at Dubai International Air... Read more
UAE Markets
Emirati Agthia approves the acquisition of a majority stake in Al-Nabil
The Board of Directors of the Emirates Agthia Group Company approved the acquisition of a majority... Read more
UAE Markets
Loans granted by UAE banks rise 1% in December 2020
Loans provided by UAE banks and banks increased by 1% by the end of December 2020, to reach 1779 bi... Read more
UAE Markets
ADQ Abu Dhabi is borrowing $ 1 billion to complete the acquisition
The Abu Dhabi government-owned holding company ADQ has chosen a small group of banks to obtain a lo... Read more
UAE Markets
The UAE Central Bank withdraws 30.9 billion dirhams of surplus liquidity during 2020
The UAE Central Bank withdrew from the local market an excess liquidity of 30.9 billion dirhams... Read more
UAE Markets
Dubai Islamic’s profits of 3.2 billion dirhams in 2020 ... and cash dividends
The financial statements of Dubai Islamic Bank showed that the bank’s profits fell in the past year... Read more
UAE Markets
Re-work of 10% for the daily maximum decline of UAE stocks
The UAE Cabinet approved the reinstatement of 10% for the daily maximum decrease in the value of... Read more
UAE Markets
Shuaa Capital increases its profits by 166% in 2020
The UAE company, Shuaa Capital, achieved a growth of 166% in 2020 profits to reach 125 million d... Read more
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