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
Emirates Airlines makes a decision regarding the size of the fleet within months
Emirates Airlines President Tim Clark said that the airline will make a decision in the coming mo... Read more
UAE Markets
UAE central bank increases gold balance by 58% during April
The gold balance at the Emirates Central Bank rose to a new record by the end of last April; Achi... Read more
UAE Markets
Sharjah issues dollar bills for 7 years
The Emirate of Sharjah started marketing dollar denominated sukuk for seven years on Tuesday.... Read more
UAE Markets
Dubai market gradually opens the trading floor
Hassan Al Serkal, Chief Operating Officer of the Dubai Financial Market, announced that 50% of th... Read more
UAE Markets
AED 500 million subscription rights issue for shareholders of Julphar
Gulf Pharmaceutical Industries, Julphar, has issued subscription rights to its shareholders with... Read more
UAE Markets
Abu Dhabi Islamic Bank CEO resigns
Abu Dhabi Islamic Bank announced the acceptance by the bank’s board of directors of a request for... Read more
UAE Markets
Dubai may experience a 5.5% recession in 2020
Bank of America predicts that Dubai will experience a 5.5% recession in 2020; It faces debt matur... Read more
UAE Markets
2.9 trillion dirhams assets of Abu Dhabi and Dubai banks in April
The total assets of banks operating in the emirates of Abu Dhabi and Dubai amounted to 2.897 tril... Read more
UAE Markets
A number of Emirates Airlines employees were fired due to Corona
Emirates Airlines has dismissed a number of its employees due to the Corona pandemic conditions;... Read more
UAE Markets
UAE registers 648,684 economic licenses at the end of May
The total number of licenses for economic activities registered in the UAE reached 648,684 licens... Read more
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