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
"MIS" obtains facilities amounting to 150 million riyals
Al Moammar Information Systems (MIS) has announced the renewal and amendment of a credit facility ag... Read more
World Markets
The specter of Corona returns to China and raises economic concerns
China recorded the highest rates of coronavirus infection since last April, as data from the Chinese... Read more
UAE Markets
242 million dirhams, profits of "Salik" in the third quarter
The UAE Salik company announced that it recorded a net profit of 242 million dirhams at the end of t... Read more
Gulf Markets
$66 million in profits for GFH in nine months
Today, Wednesday, GFH Financial Group announced its financial results for the first nine months of t... Read more
UAE Markets
Dana Gas' profits fell 65% in the third quarter
The UAE company, Dana Gas, recorded a 64.6% decline in net profits for the third quarter of 2022, to... Read more
Crypto currencies
Coinbase and Kraken enjoy limited services amid market turmoil
Both Coinbase and Kraken were down or experiencing delay issues intermittently on Tuesday, amid mark... Read more
Gulf Markets
"Saudi Investments" intends to buy the Qatari "Ooredoo" towers
Sources told Bloomberg that the Saudi Public Investment Fund is considering submitting an offer to b... Read more
UAE Markets
UAE's Nakheel secures 17 billion dirhams of financing
The Emirati company, Nakheel, announced today, Tuesday, that it has obtained strategic financing wor... Read more
World Markets
Zuckerberg plans to lay off 12,000 Meta employees
Mark Zuckerberg, CEO of the Meta Group that owns Facebook, plans to lay off up to 12,000 employees i... Read more
Gulf Markets
Al-Othaim Markets profits jump 1560% in the third quarter to 745 million riyals
The financial statements of Abdullah Al-Othaim Markets Company revealed that the company achieved a... Read more
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