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
Alpha Abu Dhabi profits jump 1527% in the third quarter
Alpha Abu Dhabi Holding Company posted a 1527%, or more than 15x, jump in quarterly profit. T... Read more
UAE Markets
42.35 billion dirhams of Dubai real estate sales in 3 months
Real estate sales in Dubai recorded exceptional growth in the past months before the launch of Expo... Read more
UAE Markets
Dubai Ports plans to buy assets in Africa worth 3.5 billion dollars
DP World intends to negotiate with the French company Bollory Logistics regarding its sale of poten... Read more
UAE Markets
$795 million proceeds from the IPO of Fertiglobe
Vertiglobe Holdings has raised approximately $795 million by offering a 13.8% of its shares on the s... Read more
UAE Markets
Etisalat and G42 establish the largest data center provider in the UAE
Etisalat Group and G42 Group have signed a binding agreement to merge 12 of the two groups' data cen... Read more
UAE Markets
France's GeoPost acquires 20% of Aramex
The French company GeoPost acquired 20% of the UAE company Aramex, at a value of 1.4 billion dirham... Read more
UAE Markets
7.3 billion dirhams, profits of "Emirates NBD" in nine months
The financial statements of Emirates NBD Bank showed an increase in the bank's profits in the first... Read more
UAE Markets
Du's profit fell 65% in the third quarter
The profits of Emirates Integrated Telecommunications Company du registered 65%, reaching 283 milli... Read more
UAE Markets
The acquisition of "MultiPlay" by "Viola"
The Multiplay Group, a subsidiary wholly owned by the International Holding Company (IHC), has acqui... Read more
UAE Markets
Marine Dredgers turn profitable in 9 months
National Marine Dredging Company recorded a profitability shift after increasing its profits by abou... Read more
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