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
Toyota's production shrinks 39% in September
The global automaker, Toyota, was affected last September by a disruption in access to semiconductor... Read more
World Markets
Samsung profits rise 28% in the third quarter
The increase in memory chip prices, chip manufacturing contracts and screen sales contributed to Sam... Read more
UAE Markets
First Abu Dhabi profits rise 26% in 9 months
The financial statements of First Abu Dhabi Bank showed an increase in the bank's profits in the fir... Read more
Gulf Markets
18.1 billion riyals, “SABIC” profits in nine months
The financial statements of the Saudi Basic Industries Corporation (SABIC) showed the company's tran... Read more
World Markets
Egypt: Suez Canal revenues rise 12.6% in 10 months
The Suez Canal traffic during the first ten months of this year recorded revenues of about $5.1 bill... Read more
World Markets
Rising US inventories bring down oil prices
International oil prices ended lower yesterday, Wednesday, in conjunction with the announcement by t... Read more
World Markets
Twitter loses $537 million in court settlement
Twitter posted a net loss of $537 million during the third quarter of this year, as it settled a la... Read more
Gulf Markets
"SAMA" agrees to the merger of "Al-Ahly Takaful" and "Arabian Shield"
The Central Bank of Saudi Arabia, Sama, approved the merger between Al-Ahly Takaful and the Arab Sh... Read more
World Markets
Microsoft profits rise thanks to 'cloud computing'
Cloud-based software drove Microsoft's profit growth, due to strong sales that beat analyst estimat... Read more
UAE Markets
Dubai Islamic Bank profits grow 20% during the third quarter
Dubai Islamic Bank recorded today, Wednesday, a net profit growth of 20% to reach 1.2 billion dirham... Read more
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