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
“First Abu Dhabi” increases its profits by 7% in 2022
The net profit of First Abu Dhabi Bank increased by 7% to reach 13.4 billion dirhams during the year... Read more
UAE Markets
A 94% jump in the quarterly profits of Emirates NBD
Emirates NBD Bank achieved a 40% jump in net profit in 2022, to reach 13 billion dirhams. According... Read more
UAE Markets
“Dubai Islamic” profits in 2022 are the highest historically
Dubai Islamic Bank achieved a 13% growth in profits for the fourth quarter of 2022, to reach 1.5 bil... Read more
UAE Markets
Two American banks withdraw from the UAE's "ADNOC Gas" bid
The two American investment banks, Goldman Sachs and Bank of America, withdrew from the potential of... Read more
UAE Markets
Emirati Minister: Cryptocurrencies will play a major role in the country's global trade movement
The UAE Minister of Foreign Trade, Thani Al-Zeyoudi, said that cryptocurrencies will play a major ro... Read more
UAE Markets
The Emirati "Al Habtoor" intends to invest $ 3 billion in the real estate sector
The Emirati Al Habtoor Group intends to invest between $2.8 and $3 billion in the real estate sector... Read more
UAE Markets
The assets of the banking sector in the UAE exceed 3.6 trillion dirhams by the end of November 2022
The UAE Central Bank announced that total banking assets, including bank acceptance certificates, in... Read more
UAE Markets
Capital Intelligence confirms the sovereign credit rating of the UAE with a stable outlook
Capital Intelligence affirmed the long- and short-term sovereign credit rating of the UAE according... Read more
UAE Markets
ADNOC Distribution and TAQA are collaborating to establish an electric vehicle charging network in the UAE
ADNOC Distribution and Abu Dhabi National Energy Company TAQA signed an agreement aimed at launching... Read more
UAE Markets
UAE's Masdar signs an agreement for $2 billion solar energy projects in Zambia
On the sidelines of Abu Dhabi Sustainability Week, the Emirati company, Masdar for Renewable Energy,... Read more
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