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
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
UAE Markets
The UAE acquires 13.3% of the world's sovereign wealth
The data of the Sovereign wealth funds Institute (SWFI), which specializes in the study of govern... Read more
UAE Markets
The UAE pumps 2.4 million barrels per day in May
The UAE pumped around 2.40 million barrels of crude oil per day during the month of May. "This... Read more
UAE Markets
Dubai decides to return 50% of government employees next Sunday
The government of Dubai has decided to resume the work of employees at government headquarters by... Read more
UAE Markets
Julphar shrinks its losses in the first quarter
Gulf Pharmaceutical Industries Julphar reduced its losses in the first quarter of 2020 to 68.9 mi... Read more
UAE Markets
Amending some provisions of the Abu Dhabi Global Market Law
Abu Dhabi’s Ruler, Sheikh Khalifa bin Zayed Al Nahyan, President of the State, issued a law amend... Read more
UAE Markets
AED 2.751 trillion assets of Emirati banks in April
The total assets of UAE banks increased by 1% during the month of April of the year 2020 to reach... Read more
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