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
Central: 1.7% of the UAE's real GDP in 2019
The Emirates Central Bank said that estimates indicate that the country's total real gross domestic... Read more
UAE Markets
Karim dismisses 31% of its employees
Karim, a subsidiary of Uber Technologies, announced that it will lay off 536 employees this week... Read more
UAE Markets
British investigation of the "NMC" auditor
The British Financial Reporting Authority launched an investigation with Ernst & Young, the finan... Read more
UAE Markets
Two-thirds of the members of the "International Exhibition" agree to postpone the "Dubai Expo"
A majority of two-thirds of the members of the International Exhibitions Bureau voted in favor o... Read more
UAE Markets
The General Assembly of “Salama Insurance” approves the increase of foreign ownership to 49%
The General Assembly of the Arab Islamic Insurance (Salama) decided to increase the percentage o... Read more
UAE Markets
The UAE "Borouge" leases 6 oil storage tanks to the French "Total"
The United Arab Emirates Petroleum and Gas Investments Company agreed to rent oil storage facilities... Read more
UAE Markets
Restart the largest Emirati oil refinery
Abu Dhabi National Oil Company (ADNOC) has started a gradual restart of operations at the Ruwais... Read more
UAE Markets
RAKBANK's profit fell 43.2% in the first quarter
National Bank of Ras Al-Khaimah (RAKBANK) posted a 43.2% decline in net profit for the first qua... Read more
UAE Markets
UAE "Mubadala" intends to issue dollar bonds
Mubadala Investment Company has started talks with banks regarding a possible issuance of dollar... Read more
UAE Markets
Adding 3,180 new accounts in Dubai Market in 4 months
Brokerage firms operating in the Dubai Financial Market added about 3180 new accounts during the... Read more
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