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
The rise in the shares of the Emirati “Aldar Properties” after the acquisition of “Basateen”
The share of Al-Dar Properties rose, during Monday's trading, after the acquisition of Basateen... Read more
UAE Markets
Standard & Poor's affirmed Abu Dhabi's investment grade rating
Standard & Poor's S&P Global Ratings affirmed Abu Dhabi's long-term credit rating at AA, and A-1+ on... Read more
UAE Markets
Abu Dhabi identifies two billion dollars investment opportunities in South Korea
A joint statement said today, Monday, that Abu Dhabi institutions have identified investment opportu... Read more
UAE Markets
The Emirati Real Estate House intends to issue green sukuk worth $500 million
Aldar, the Emirati real estate investment company, intends to issue green sukuk for ten years, at a... Read more
UAE Markets
The offering of ADNOC Logistics and Services seeks to raise $ 607 million in Abu Dhabi
Abu Dhabi's energy major is seeking to raise up to 2.23 billion dirhams ($607 million) from the init... Read more
UAE Markets
TAQA revenues amounted to $3.6 billion in the first quarter of 2023
Abu Dhabi National Energy Company (TAQA), one of the largest integrated utility companies listed on... Read more
UAE Markets
The profits of the UAE “ADNOC Distribution” decreased by 20% in the first quarter of 2023
The profits of ADNOC Distribution declined by 20 percent in the first quarter of this year, compared... Read more
UAE Markets
The profits of the "Al-Ansari" group amounted to 36 million dollars in the first quarter of 2023
Al Ansari Financial Services Group, listed on the Dubai Financial Market, announced its financial re... Read more
UAE Markets
ADNOC intends to offer 15% of the shares of "ADNOC Logistics and Services"
ADNOC, the UAE, announced its intention to offer a minority stake representing 15 percent of the sha... Read more
UAE Markets
The profits of the Emirati "FertiGlobe" fell 60% in the first quarter, affected by the decline in gas prices
Fertiglobe's net profit declined by 59.6% in the first quarter of this year to reach $188.8 mill... Read more
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