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
The assets of the banking sector in the UAE exceed 3.6 trillion dirhams by the end of November 2022
The UAE Central Bank announced that total banking assets, including bank acceptance certificates, in... Read more
Gulf Markets
"Orient Pipes" signs two contracts with "NEOM" and "Petrojet", amounting to 569 million riyals
Yesterday, Sunday, the East Integrated Pipes Company for Industry announced the signing of two contr... Read more
World Markets
Adani Group offers stakes in 5 companies for subscription
Gautam Adani, the richest man in Asia, intends to offer stakes in 5 companies of the Adani Group to... Read more
Gulf Markets
Saudi "Almarai" increases its quarterly profits by 24%
Saudi Almarai Company achieved an increase in quarterly profits by 24.18%, as it recorded net profit... Read more
Crypto currencies
JPMorgan CEO: Cryptocurrency is an unnecessary distraction
The CEO of global investment bank JPMorgan has expressed his disdain for cryptocurrencies, targeting... Read more
UAE Markets
Capital Intelligence confirms the sovereign credit rating of the UAE with a stable outlook
Capital Intelligence affirmed the long- and short-term sovereign credit rating of the UAE according... Read more
Gulf Markets
The General Assembly of "Ataa Education" approves the distribution of 10% cash dividends
The Ordinary General Assembly of Ataa Educational Company approved the recommendation of the Board o... Read more
World Markets
Technology companies plan to lay off 64 thousand employees
Major global technology companies plan to reduce their workforce by laying off more than 64,000 empl... Read more
UAE Markets
ADNOC Distribution and TAQA are collaborating to establish an electric vehicle charging network in the UAE
ADNOC Distribution and Abu Dhabi National Energy Company TAQA signed an agreement aimed at launching... Read more
World Markets
Oil prices are down 1% due to the increase in US inventories
Oil prices fell today, Thursday, after economic data showed a large and unexpected increase in US cr... Read more
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