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
World Markets
US stock returns are expected to fall
A Goldman Sachs report predicted a decline in US stock returns this year. According to Arabiy... Read more
UAE Markets
ADNOC Distribution's profits fall 6% in 2021
ADNOC Distribution's profits fell by 6% in 2021 to reach 2.252 billion dirhams, compared to 2.396... Read more
Gulf Markets
Bin Dawood intends to acquire 62% of "International Applications"
The Future Retail Information Technology Company, which is 100% owned by Bin Dawood Holding Compa... Read more
Crypto currencies
Hungary proposes banning cryptocurrency trading in EU countries
Hungarian National Bank Governor György Matolci has proposed a blanket ban on all cryptocurrency tra... Read more
UAE Markets
The trade volume of the UAE and Turkey in 10 years is $ 99 billion
The data of the Federal Competitiveness and Statistics Center showed the development of trade and in... Read more
Gulf Markets
Transferring 4% of Aramco shares to a Saudi fund
Saudi Arabia's Crown Prince, Mohammed bin Salman, announced the transfer of 4% of Saudi Aramco's sha... Read more
Gulf Markets
$64 million in profits for “Ooredoo Kuwait” in 2021
The National Mobile Telecommunications Company (Ooredoo Kuwait) announced profits last year of 19.25... Read more
Gulf Markets
GFH increases its quarterly profit by 9%
GFH Financial Group posted a 9% increase in fourth-quarter 2021 profit to $24 million. Accord... Read more
Gulf Markets
Riyad Bank issues sukuk worth $750 million.
Today, Thursday, Riyad Bank completed the issuance of Tier 1 capital bonds denominated in US dollar... Read more
World Markets
Pfizer expects 50% revenue growth in 2022
Pfizer expects significant growth in its revenues from its sales of vaccines and Corona medicines d... Read more
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