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 Investments profit fell 42% in the first half
The profits of Dubai Investment Company decreased by 42% to reach 205 million dirhams in the firs... Read more
UAE Markets
6.2 billion dirhams real estate in Sharjah in the first half
The real estate sector in the Emirate of Sharjah achieved turnover of AED 6.2 billion during the... Read more
UAE Markets
AED 127.2 million, profits of "Umm Al Quwain Bank" in the first half
The financial statements of the National Bank of Umm Al Qaiwain showed that the profits of the bank... Read more
UAE Markets
First Abu Dhabi profit fell 24% in the first half
First Abu Dhabi Bank reported a 24% decline in first-half profit for the first six months of 2020... Read more
UAE Markets
Salama Insurance raises the percentage of foreign ownership to 49%
The Emirates Securities and Commodities Authority agreed to raise the percentage of foreign owne... Read more
UAE Markets
AED 79 million profit of the Dubai Financial Market in the first half of 2020
The financial statements of the Dubai Financial Market Company showed an increase in the company's... Read more
UAE Markets
"DP" acquires 60% of the Korean "Unico"
DP World has decided to acquire a 60% stake in Unico Logistics Services. According to Al Ba... Read more
UAE Markets
"Dubai Commercial" profits fell 24% in the first half
Commercial Bank of Dubai's net profit fell 24.3% to reach 530 million dirhams in the first half... Read more
UAE Markets
"Takaful House" is acquired by "Noor General and Family Takaful"
Dar Al-Takaful Company completed the acquisition of Noor General Takaful and Noor Family Takaful... Read more
UAE Markets
Chief Executive Officer: Tabreed is looking for special acquisitions in Egypt
Bader Al-Lamki, CEO of Emirates National Central Cooling Company, Tabreed, said that his company is... Read more
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