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
Crypto currencies
Crypto.com is the newest cryptocurrency company officially licensed to operate in Cyprus
Singapore-based crypto.com continues to aggressively expand its reach, becoming the latest cryptocur... Read more
Gulf Markets
Bin Dawood is negotiating to acquire a stake in Eikon
BinDawood Holding Company, through its subsidiary Future Retail Information Technology, which specia... Read more
UAE Markets
614 million dirhams, profits of the UAE "du" in the first half
The financial statements of the UAE Integrated Telecommunications Company (du) revealed that the com... Read more
Gulf Markets
Agility closes new $700 million credit facility
Agility Public Warehousing Company, listed on the Kuwait and Dubai stock exchanges, announced the cl... Read more
Gulf Markets
The Saudi Investment distributes 300 million riyals in profits for the first half
The Saudi Investment Bank decided to distribute cash dividends to shareholders for the first half of... Read more
World Markets
JPMorgan predicts a 75% US economic recession
Bond market expert Bob Michel expects there is a 75% chance of a US recession over the next 18 month... Read more
UAE Markets
Fitch expects high levels of profitability for UAE banks in 2023
The credit rating agency (Fitch) expected the UAE banks to increase profitability levels during the... Read more
UAE Markets
1.44 billion dirhams, profits of "Abu Dhabi Islamic" in the first half
The financial statements of Abu Dhabi Islamic Bank revealed an increase in the bank's profits by the... Read more
World Markets
Oil prices fall as gasoline stocks rise and demand weakens
International oil prices continued to slide during Thursday's trading, as investors assessed signs o... Read more
Gulf Markets
Aldrees profits increased 27.5% in the second quarter
The profits of Al-Drees Petroleum and Transport Services Company Al-Drees increased by 27.5%, to re... Read more
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