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
AED 36.9 million, Damac losses in 2019
Damac Real Estate recorded a net loss of 36.9 million dirhams in 2019, compared to a profit of 1.... Read more
Gulf Markets
15 million dinars Kuwaiti airline profits in 2019
Kuwait Airways ’annual financial statements showed that the airline’s profits increased 124% year-on... Read more
Gulf Markets
Yamama Cement turns to profitability in 2019..and the distribution of 101 million riyals in cash
The annual financial statements of Yamamah Cement Company showed the company's profitability transf... Read more
UAE Markets
Integrated Communications increases its profits by 9.3% in 2019
According to the Emirates News Agency, the company was able to achieve these positive results... Read more
World Markets
Minister: The United States is not concerned with any new OPEC cut
The United States is not concerned with any steps OPEC and its allies are examining to curb oil prod... Read more
UAE Markets
16.3% growth in operating income of Ajman Bank in 2019
Ajman Bank achieved 16.3% growth in net operating income, equivalent to 636.0 million dirhams in... Read more
UAE Markets
ADNOC Distribution profits increased 4.2% in 2019
ADNOC Distribution achieved 4.2% growth in net profit to reach 2.22 billion dirhams in 2019.... Read more
Gulf Markets
Riyad Bank issues sukuk at $ 3 billion
Riyad Bank intends to issue primary and secondary bonds and sukuk in US dollars and to offer them... Read more
World Markets
The interest of Egypt's debt rises to 43% of the total expenses
The Egyptian budget deficit rose to 236.7 billion pounds, equivalent to about 3.8% of GDP in the... Read more
World Markets
IMF: Corona virus outbreak harmful to Japan's economy
A senior International Monetary Fund official warned Japan against the danger of continuing and e... Read more
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