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
Starting in the summer of 2023.. Etihad Airways intends to increase its flights to Saudi Arabia
Etihad Airways intends to increase the number of its flights to Saudi Arabia to 64 flights per week,... Read more
World Markets
America is planning more sanctions against Russia
The US Treasury Department has warned Chinese companies of sanctions if they support Russia. Accordi... Read more
Gulf Markets
"Advanced" distributes 5.5% cash dividends
The Board of Directors of the Advanced Petrochemical Company approved distributing cash dividends of... Read more
UAE Markets
Emirates Airlines plans to invest $135 million in training pilots
Emirates Airlines intends to invest $135 million to establish a center for training pilots on new Ai... Read more
UAE Markets
The Dubai government pays $1.1 billion in Islamic bonds
The Dubai government has paid Islamic sukuk of about $1.1 billion, which it offered years ago to con... Read more
Crypto currencies
US actions against crypto stablecoin Paxos
The US Securities and Exchange Commission (SEC) is preparing to take action against Paxos, which iss... Read more
Gulf Markets
"Saudi Telecom" increases its annual profits by 7.6%
The Saudi Telecom Company (STC) achieved an increase of 7.6% in annual profits, to reach, after zaka... Read more
World Markets
China maintains benchmark lending rates for the sixth consecutive month
China kept its benchmark lending rates unchanged for the sixth consecutive month in February 2023, i... Read more
Gulf Markets
Mobily's profits increase by 55% by the end of 2022...and distribute 885.5 million riyals in cash
The financial statements of Etihad Etisalat Company (Mobily) revealed that the company’s profits inc... Read more
Crypto currencies
The Binance exchange is facing a new crisis regarding secret withdrawals
Cryptocurrency exchange Binance is in crisis following news that it had secret access to a bank acco... Read more
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