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
Governmental shareholding companies in the UAE earn 149.8 billion dirhams in 2019
Governmental joint-stock companies in the UAE achieved profits of 149.8 billion dirhams in... Read more
UAE Markets
Dubai renews more than 33 thousand commercial licenses automatically in 4 months
Dubai Department of Economic Development completed 33,874 automatic renewal transactions for comm... Read more
UAE Markets
Emirates Airlines plans to lay off 30 thousand employees
The Emirates Airlines Group is planning to cut about 30,000 jobs to cut costs due to the emerging cr... Read more
UAE Markets
Dubai real estate behavior is 2.2 billion dirhams this week
Real estate disposal in Dubai Land Department has achieved more than 2.2 billion dirhams this we... Read more
UAE Markets
Air Arabia profits fell 45% in the first quarter
Air Arabia's profits decreased by 45% to reach 71 million dirhams in the first quarter of 2020 co... Read more
UAE Markets
Abu Dhabi's non-oil trade balance achieved a surplus of 8.3 billion dirhams in 2019
The Emirate of Abu Dhabi achieved a surplus of approximately 8.3 billion dirhams in the trade bal... Read more
UAE Markets
Abu Dhabi banks net income of 9.6 billion dirhams in 3 months
The net income of commercial and Islamic banks in the Emirate of Abu Dhabi reached 9.6 billion d... Read more
UAE Markets
Abu Dhabi Holding intends to acquire 50% of Al Dhahirah
The ADQ Holding Company in Abu Dhabi has reached an agreement to acquire 50% of Al Dhahirah Compa... Read more
UAE Markets
Transfers between UAE banks achieve 3.53 trillion dirhams in 4 months
The value of transfers executed between UAE banks reached 3.53 trillion dirhams during the first... Read more
UAE Markets
NMC management begins selling the company's assets
The administration, which is responsible for the NMC Healthcare Group, has started selling the co... Read more
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