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
Gulf Markets
Gulf banks reduce lending to avoid a dollar liquidity crisis
Bankers said Gulf banks are seeking to reduce lending to reduce potential losses due to the Coron... Read more
Gulf Markets
Corona threatens the profits of Gulf insurance companies
Standard & Poor's said that the repercussions of the Coruna virus and the decline in oil prices w... Read more
UAE Markets
Emiratis to invest 1.65 billion dirhams in stock markets during March
Net citizens' investment in UAE financial markets was approximately 1.65 billion dirhams during t... Read more
UAE Markets
Abu Dhabi Energy is establishing two waste power plants
Abu Dhabi Energy Corporation, through the Emirates Water and Electricity Company, signed a memora... Read more
UAE Markets
ADNOC Distribution distributes 2.39 billion profit in 2019
The general assembly of ADNOC Distribution agreed to pay the second and last half of the dividen... Read more
UAE Markets
Dubai Aviation holds $ 2.8 billion in cash at the end of March
Dubai Aviation Industries Company ended the first quarter of 2020 with available liquidity amoun... Read more
UAE Markets
RAKBANK distributes 30% cash dividends
The General Assembly of the National Bank of Ras Al Khaimah (RAKBANK) approved the distribution... Read more
Gulf Markets
Profit margins cut Saudi Pipe's annual losses 84%
In addition, the company recorded a free cash flow of 43 million riyals in 2019, compared to a... Read more
Gulf Markets
"MEPCO" buys a plot of land in King Abdullah City for 83.2 million riyals
The Middle East Paper Manufacturing (MEPCO) announced the signing of an agreement to purchase a plot... Read more
Gulf Markets
Saudi "Bahri" liquidates a subsidiary
The Saudi National Shipping Company (Bahri) announced that, as part of a review of the company’s st... Read more
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