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
The Saudi Investment Company recommends distributing 7% dividends for the year 2021
The Saudi Investment Bank recommended distributing cash dividends to shareholders for the year 2021... Read more
World Markets
Bill Gates warns of the rapid spread of Omicron
Microsoft founder Bill Gates has canceled all his plans for the holiday, due to the world entering... Read more
Gulf Markets
"Advanced" distributes cash dividends of 6.5% for the fourth quarter
The Board of Directors of the Advanced Petrochemical Company decided to distribute a cash dividend... Read more
Crypto currencies
The Bank of Russia allows investment in cryptocurrencies, but on one condition
The Deputy Governor of the Bank of Russia, Vladimir Chistyukhin, said that Russians will be allowed... Read more
Gulf Markets
The Arab Bank recommends distributing 675 million riyals in semi-annual profits
The Arab National Bank's board of directors recommended distributing cash dividends to the bank's sh... Read more
UAE Markets
A $3.6 billion joint venture between ADNOC and TAQA
The UAE company, ADNOC and TAQA, announced a joint strategic project worth 13.22 billion dirhams (ab... Read more
World Markets
Oil prices vary amid anticipation of US inventories and Omicron developments
Oil prices varied during trading on Wednesday, amid anticipation of the release of US inventory data... Read more
Gulf Markets
"Atheeb Union" collects 350 million riyals from a rights issue
Etihad Atheeb Telecommunication Company GO decided to recommend to the Extraordinary General Assembl... Read more
UAE Markets
“International Holdings” acquisition of the majority stake in “Al Qudra”
The International Holding Company, headquartered in Abu Dhabi, has acquired a majority stake in Al... Read more
World Markets
IPO of 7.64 billion dollars for "China Mobile"
China Mobile, China's largest wireless carrier by revenue, plans to raise 48.7 billion yuan (7.64 b... Read more
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