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
UAE DXB losses amount to 75% of the capital
the accumulated losses of the UAE company DXB Entertainment amounted to about 6 billion dirhams,... Read more
UAE Markets
2.3 billion dirhams Union Real Estate losses in the first half
The accumulated losses of Union Properties amounted to about 2.3 billion dirhams at the end of t... Read more
UAE Markets
Arabtec's accumulated losses amount to 97% of the capital
The UAE company Arabtec Holding recorded losses of 794 million dirhams during the first half of... Read more
UAE Markets
UAE investment bank losses shrink 24% in the first half
The financial statements of the UAE investment bank showed that the bank's losses in the first half... Read more
UAE Markets
1.93 billion dirhams TAQA losses in the first half of 2020
Abu Dhabi National Energy Company incurred losses of 1.93 billion dirhams during the first half... Read more
UAE Markets
ADNOC Distribution profits down 14% in the second quarter
UAE's ADNOC Distribution Company's profits fell by 14.1% to reach 511 million dirhams in the sec... Read more
UAE Markets
Shuaa Capital turns profitable in the second quarter
the UAE company, Shuaa Capital, turned profitable to profit of 267 million dirhams during the se... Read more
UAE Markets
Aldar Properties’s profits grew by 3% in the second quarter
Aldar Properties' profits increased by 3%, reaching about 483 million dirhams in the second quar... Read more
UAE Markets
Abu Dhabi Islamic’s profit fell 49% in the second quarter
ADIB profits declined by 49% to 318 million dirhams in the second quarter of 2020. Accordi... Read more
UAE Markets
Emaar Properties profits drop 35% in the first half
Emaar Properties' net profit fell by 35% to 2.007 billion dirhams, or the equivalent of $ 546 mi... Read more
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