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
Saudi Fransi increases its quarterly profit 12%
Banque Saudi Fransi achieved a 12.2% increase in profits for the first quarter of 2022, to reach 875... Read more
UAE Markets
TECOM plans to enter the Dubai Financial Market
TECOM Group, operator of business parks with offices for about 6000 companies in Dubai, has drawn u... Read more
Crypto currencies
Binance Bans Its Major Clients' Accounts In Russia
Binance has banned Russian citizens and people living in Russia, as well as companies located there,... Read more
Gulf Markets
Mobily increases its profits by 41% in the first quarter
On March 31, 2022, Etihad Etisalat Mobily Company achieved an increase in profits by 41.2% to reach... Read more
Crypto currencies
Bitcoin Suisse Adopts Decentralized Liquity Protocol as a Lending Product
Bitcoin Suisse has begun offering decentralized finance (DeFi) services to its customers with the ad... Read more
UAE Markets
Emirates Islamic profits rise 62% in the first quarter
The financial statements of Emirates Islamic Bank showed an increase in the bank's profits in the fi... Read more
World Markets
Tesla reported $3.3 billion in profits in the first quarter
The financial results of the electric car manufacturer (Tesla) showed that the company achieved a ne... Read more
World Markets
Oil cuts its losses
Amidst fears of a shortage of supply, and after a sharp decline, oil prices reduced their losses, as... Read more
Gulf Markets
46 million riyals, profits of "Lejam Sports" in the first quarter
Leejam Sports Company in Fitness Time achieved a net profit of about 46.01 million riyals in the fi... Read more
Gulf Markets
Halwani Brothers distributes 20% cash dividends
During the Extraordinary General Assembly of Halwani Brothers Company, the Board of Directors decide... Read more
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