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's Etisalat grew 5% in the third quarter
The Emirati Etisalat Group achieved net profits of 2.4 billion dirhams, an annual increase of 5%... Read more
UAE Markets
Profits of the Emirati "du" rose 8% in nine months ... and a jump by the results of the third quarter
The financial statements of Emirates Integrated Telecommunications Company (du) showed that the com... Read more
UAE Markets
Tabreed offers $ 500 million bond with a yield of 2.5%
The National Central Cooling Company (Tabreed) successfully issued a $ 500 million seven-year bo... Read more
UAE Markets
Sharjah Islamic’s profits declined 15% in 9 months
Sharjah Islamic Bank achieved an increase of 8.4% in operating profits to reach 504.7 million di... Read more
UAE Markets
The surplus reserves of UAE banks increase 211% in 8 months
The excess reserves of UAE banks and financial institutions jumped by 211% during the first eigh... Read more
UAE Markets
Abu Dhabi Market registers “Sawaeed Holding” with the electronic system in preparation for its listing on the stock exchange
Abu Dhabi Securities Exchange announced that the Clearing, Settlement and Depository Department has... Read more
UAE Markets
Union Real Estate is working on restructuring debt and reducing costs
The Union Real Estate Company, listed on the Dubai Financial Market, revealed that it is currently... Read more
UAE Markets
Dubai Islamic’s profits decline by 22% in 9 months
Dubai Islamic Bank profits fell by 22% to reach 3.124 billion dirhams during the first nine mont... Read more
UAE Markets
Empower is investing 190 million dirhams in a new cooling plant
The Emirates Central Cooling System (Empower) has announced the award of a group of contracts fo... Read more
UAE Markets
Dubai records Dh72 billion mortgage deals in 9 months
Dubai recorded mortgage deals worth 71.7 billion dirhams over 9 months. According to Al Ba... Read more
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