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 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
UAE Markets
"TAQA" distributes cash dividends of 1.1 billion dirhams
Abu Dhabi National Energy Company (TAQA) achieved a net income of 2.8 billion dirhams in 2020.... Read more
UAE Markets
ADNOC Distribution to win 2.4 billion dirhams in 2020
ADNOC Distribution achieved net profits of 2.4 billion dirhams in 2020. According to Emira... Read more
UAE Markets
Emaar's profits are down 58% in 2020
Emaar Properties recorded a decrease in profits by 58% to reach 2,617 million dirhams by the end of... Read more
UAE Markets
Etisalat’s annual profit of 9 billion dirhams
The profits of the Emirati Etisalat Group increased by 4%, which amounted to 9.03 billion dirhams... Read more
UAE Markets
$ 283 million DAMAC Properties losses in 2020
Damac Properties' losses doubled by 2717% to reach 1.039 billion dirhams (about 283 million dollar... Read more
UAE Markets
Emirati "Salama" doubles its annual profit to 136 million dirhams
UAE Islamic Arab Insurance Company (SALAMA) achieved net profits more than doubled and amounted... Read more
UAE Markets
RAK Ceramics records the best profit in 3 years
RAK Ceramics achieved a pre-pandemic profit rise in the third quarter of last year, surpassing 201... Read more
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