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
Bank Al-Jazira shares declined after announcing results less than expected
Bank Al-Jazira's stock recorded a decline of 2% in the Saudi market, affected by the results announc... Read more
Gulf Markets
Bank Albilad increases its profits by 13% in the fourth quarter
Bank Albilad profits increased by 13% in the fourth quarter of 2021, to reach 428 million riyals.... Read more
Gulf Markets
Offering "sweet water" in "Nomu" between 35 and 32 riyals per share
Yeqin Capital, in its capacity as the financial advisor and lead manager, has determined the price r... Read more
World Markets
Mark Zuckerberg loses $31 billion in one day
Facebook founder Mark Zuckerberg's fortune plunged by as much as $31 billion on Thursday, the third... Read more
Gulf Markets
7.4 million riyals, losses for "Atheeb Telecom" in the third quarter
Etihad Atheeb Communications Company (GO) incurred losses during the third quarter of its fiscal ye... Read more
Gulf Markets
"Al-Ma'athar REIT" completes the Burjeel Hospital deal of 105 million dirhams
Al-Ma'ather REIT Saudi Fund has completed a deal to purchase the property of the Burjeel Hospital b... Read more
Gulf Markets
Saudi Investments has an “A” rating from Fitch
Fitch agency today, Wednesday, granted a credit rating at (A) to the Saudi Public Investment Fund, i... Read more
World Markets
"Meta" profits decline 8% in the fourth quarter of 2021
Meta's net profit fell by 8%, to $ 10.3 billion in the fourth quarter, with earnings per share of $... Read more
Crypto currencies
Finance Minister: Cryptocurrency will never become legal tender in India
Indian Finance Minister TV Sumanathan has said that Bitcoin (BTC), Ethereum (ETH) and non-perishable... Read more
UAE Markets
The Dubai Gold Exchange traded $8 billion in January
The CEO of the Dubai Gold and Price Exchange, Les Mel, said that the total value of the exchange's t... Read more
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