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
Profits of "Emaar Properties" jump 80% in 2022 to 6.8 billion dirhams
The financial statements of Emaar Properties, listed on the Dubai Financial Market, revealed a jump... Read more
UAE Markets
The Emirati "Taqa" increases its annual profits by 35%
Abu Dhabi National Energy Company (TAQA) achieved a 35% increase in annual profits to reach 8 billio... Read more
Gulf Markets
Qatar Investment Authority to buy Manchester United
The Qatar Investment Authority intends to submit an offer to buy Manchester United Football Club in... Read more
UAE Markets
The Abu Dhabi Fund for Development and the World Bank are investing $1.5 billion in energy transition projects
The International Finance Corporation, the investment arm of the World Bank, and the Abu Dhabi Fund... Read more
Gulf Markets
The Saudi financial market aims to launch options contracts during the second quarter of 2023
The Saudi financial market aims to launch options contracts for all types of investors during the se... Read more
UAE Markets
ADNOC Drilling profits grow by 33% in 2022
ADNOC Drilling, Abu Dhabi, achieved a 33% growth in its net profits for the year 2022, in light of t... Read more
Gulf Markets
Maaden increases its annual profits by 78%
The Saudi Arabian Mining Company (Maaden) achieved a growth of 78.26% in net profits to reach about... Read more
Crypto currencies
Saudi Arabia partners with the "Sandbox" platform based on Metaverse
The Kingdom of Saudi Arabia entered into a partnership with the Sandbox platform, which is based on... Read more
UAE Markets
508.5 million dirhams, “Emirates Steel Arkan” profits in 2022, driven by the growth of global sales
Emirates Steel Arkan, listed on the Abu Dhabi Stock Exchange, announced net profit growth to 508.5 m... Read more
Gulf Markets
The profits of “Saudi Fransi” decreased by 9.1% in the fourth quarter of 2022
Banque Saudi Fransi recorded a 9.1% decline in net profits for the fourth quarter of 2022, to reach... Read more
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