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
UAE Fertiglobe profits fell by more than 81% in the second quarter of 2023
The net profit of Fertiglobe, listed on the Abu Dhabi market, decreased by 81.5% during the second q... Read more
UAE Markets
Dubai is among the top 4 global financial centers
Sheikh Maktoum bin Mohammed bin Rashid, First Deputy Ruler of Dubai, Deputy Prime Minister and Minis... Read more
UAE Markets
The profits of the Emirati “Aldar Properties” grow by 49% in the second quarter of 2023
The net profit of Aldar Properties increased by 49% to reach about 1.2 billion dirhams in the second... Read more
UAE Markets
Binance obtains the operating license for the minimum product in Dubai
Binance announced that it is the first trading platform to obtain the Minimum Operating License (MVP... Read more
UAE Markets
Emirates NBD's profits for the second quarter increased to an unprecedented level
Emirates NBD, the largest bank in the emirate by assets, said that its profits in the second quarter... Read more
UAE Markets
Du's quarterly profit is $108 million, a growth of 31% year-on-year
Emirates Integrated Telecommunications Company du announced its financial results for the second qua... Read more
UAE Markets
“OPEC +” takes sufficient measures to stabilize the oil market
The OPEC+ alliance, which pumps about 40% of global crude, is taking adequate measures to stabilize... Read more
UAE Markets
The number of new companies licensed by the Dubai Financial Services Authority increased by 43% during the first half of 2023
The Dubai Financial Services Authority announced that the total number of licensed companies has inc... Read more
UAE Markets
ADNOC raises the offer to acquire the German “Covestro” to 11 billion euros
The Abu Dhabi National Oil Company has raised its offer to acquire Covestro to about 11 billion euro... Read more
UAE Markets
The shares of the Emirati “Multiplay” rise after acquiring a stake in “Brickwater Energy”
The share of Multipleplay, listed on the Abu Dhabi Stock Exchange, rose during the first moments of... Read more
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