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
UAE Markets
The UAE Central Bank introduces new conditions for credit facilities
The Central Bank of the Emirates announced the introduction of new general terms and conditions for... Read more
Gulf Markets
12.6 billion riyals, profits of “Al-Ahly of Saudi Arabia” in 2021
The financial statements of the National Bank of Saudi Arabia showed an increase in the bank's profi... Read more
Crypto currencies
ConsenSys Acquires MyCrypto
Consensus has announced the acquisition of MyCrypto, an Ethereum wallet interface service, and its a... Read more
World Markets
ExxonMobil posts biggest profit in 7 years
Exxon Mobil Corporation announced, on Tuesday, its financial statements for the fourth quarter of 20... Read more
World Markets
Paypal's revenue was $6.9 billion in the fourth quarter
PayPal announced revenue of $6.92 billion in the fourth quarter of last year, exceeding expectations... Read more
World Markets
Oil prices rise ahead of US inventory data
Oil prices rose during trading on Wednesday before the release of US inventories data and before the... Read more
UAE Markets
104 million dirhams, profits of "Dubai Financial" in 2021
The financial statements of the Dubai Financial Market Company showed a decline in the company's pro... Read more
UAE Markets
Abu Dhabi Commercial’s profits rise 38% in 2021
The financial statements of Abu Dhabi Commercial Bank showed an increase in the bank's profits by 38... Read more
Crypto currencies
Financial Institution Launches First Multi-Token Cryptocurrency Fund
VanEck, a financial institution that holds approximately $82 billion in assets under management with... Read more
Crypto currencies
El Salvador's President Predicts a Big Rise for Bitcoin
The President of El Salvador, Nayib Bukele, has predicted that the price of the digital currency Bit... Read more
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