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
Dubai Islamic profits are down 23% in the last quarter
Dubai Islamic Bank's profits fell 23% in the last quarter of last year compared to the same quart... Read more
UAE Markets
AED 75.56 billion profit of 67 companies listed during 2019
67 companies listed in the UAE financial markets achieved an increase in the consolidated net pro... Read more
UAE Markets
Hotel establishments in Abu Dhabi achieve 5.83 billion dirhams in 2019
Hotel establishments in the Emirate of Abu Dhabi achieved a growth of 6.8% in total revenue to r... Read more
UAE Markets
AED 6.2 billion, Emaar net profit in 2019
Emaar Properties recorded during the fiscal year 2019 real estate sales of more than 19.233 billion... Read more
UAE Markets
Abu Dhabi Islamic annual profits rise 4% to 2.6 billion dirhams
Abu Dhabi Islamic Bank announced its financial results for the year 2019, achieving a 4% increase in... Read more
UAE Markets
Aldar Properties earns 1.984 billion dirhams in 2019
Aldar Properties achieved 7% annual net profit growth to reach 1.984 billion dirhams, thanks to... Read more
UAE Markets
16.7 billion real estate deals in Dubai during January
The Department of Lands and Properties in Dubai recorded purchase and mortgage deals worth 16.7 b... Read more
UAE Markets
AED 36.9 million, Damac losses in 2019
Damac Real Estate recorded a net loss of 36.9 million dirhams in 2019, compared to a profit of 1.... Read more
UAE Markets
Integrated Communications increases its profits by 9.3% in 2019
According to the Emirates News Agency, the company was able to achieve these positive results... Read more
UAE Markets
16.3% growth in operating income of Ajman Bank in 2019
Ajman Bank achieved 16.3% growth in net operating income, equivalent to 636.0 million dirhams in... Read more
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