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
$ 283 million DAMAC Properties losses in 2020
Damac Properties' losses doubled by 2717% to reach 1.039 billion dirhams (about 283 million dollar... Read more
UAE Markets
Emirati "Salama" doubles its annual profit to 136 million dirhams
UAE Islamic Arab Insurance Company (SALAMA) achieved net profits more than doubled and amounted... Read more
UAE Markets
RAK Ceramics records the best profit in 3 years
RAK Ceramics achieved a pre-pandemic profit rise in the third quarter of last year, surpassing 201... Read more
UAE Markets
Air Arabia profits down 90% in the fourth quarter
Air Arabia recorded a 90% decrease in its fourth quarter of 2020 profits, to reach 20 million di... Read more
UAE Markets
6% growth in NMC's revenue from the sale of its non-core assets
Emirati healthcare company NMC expected to sell non-core assets early this year, and that this w... Read more
UAE Markets
DXB Board of Directors approves the acquisition of Meraas
DXB Entertainments reviewed the reports provided by the appointed independent experts, KYMG as the... Read more
UAE Markets
Aramex's annual profit falls 43% to 285 million dirhams
The financial statements of the UAE Aramex company showed that the company's profits fell in the la... Read more
UAE Markets
The UAE Central Bank approves dividends of 15 billion dirhams to banks for the year 2020
Abdul Hamid Muhammad Saeed Al-Ahmadi, Governor of the UAE Central Bank, said on Tuesday that the ba... Read more
UAE Markets
The annual profit of the UAE "du" falls 17% to 1.44 billion dirhams
The financial statements of Emirates Integrated Telecommunications Company (Du) showed that the com... Read more
UAE Markets
1.68 billion dirhams, foreign investments in the UAE market since the beginning of 2021
1.68 billion dirhams, foreign investments since the beginning of 2021 Foreign investments... Read more
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