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
Real estate transactions in Abu Dhabi rise 22% in the first quarter
Abu Dhabi real estate transactions and mortgages increased by 22% in terms of value, to record 19... Read more
UAE Markets
Emirati "Aman" decides not to distribute profits for 2019
The general assembly of Dubai Islamic Insurance and Reinsurance Company decided that it was safe... Read more
UAE Markets
75.4 million dirhams of profits for Fujairah National in the first quarter
National Bank of Fujairah recorded a net profit of 75.4 million dirhams in the first quarter of 2... Read more
UAE Markets
Dubai Islamic profits fell 17% in the first quarter
Dubai Islamic Bank recorded a 17% decline in first quarter 2020 profits to reach 1.111 billion di... Read more
UAE Markets
UAE fixes prices of gasoline and diesel in May
The UAE’s fuel pricing committee has fixed gasoline and diesel prices for next May, as is the... Read more
UAE Markets
Dubai Electricity and Water Authority rating downgraded to Baa2
Moody's downgraded the Dubai Electricity and Water Authority rating to Baa2 from Baa1 and main... Read more
UAE Markets
56 UAE shareholding companies distribute 37.3 billion dirhams for the year 2019
The value of the cash dividends for 56 public joint stock companies listed on the UAE financial... Read more
UAE Markets
UAE: Local banks may write off part of NMC's debt
Banking sources said that UAE banks exposed to a hospital operator with problems (NMC Health) face t... Read more
UAE Markets
Dubai Clearinghouse and Dubai Central Depository start operating on the Dubai Financial Market
Today, the official launch of Dubai Clearing Company and Dubai Depositary as two independent... Read more
UAE Markets
The Department of Economic Affairs, Abu Dhabi, commits commercial centers to conduct Corona checks for workers and employees
as a condition to reopen The Department of Economic Development in Abu Dhabi directed the ow... Read more
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