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
Dubai Holding is considering offering TECOM to the public
Dubai Holding is currently studying the public offering of the business park operator TECOM Group.... Read more
Gulf Markets
Al-Othaim Markets’ quarterly profit fell 26%
The net profit of Abdullah Al Othaim Markets decreased by 26.07% to reach 44.9 million riyals in th... Read more
Gulf Markets
Seera Holding cuts its quarterly losses by 60%
Seera Holding Group's losses decreased by 60% to 72 million riyals in the third quarter of 2021, co... Read more
Gulf Markets
22 million riyals, losses for "ACWA Power" in the third quarter
The International Water and Energy Works Company, ACWA Power, recorded a loss of 21.86 million riya... Read more
UAE Markets
ADNOC Drilling's profit grows 49% in the third quarter
ADNOC Drilling was able to achieve a profit growth of 49.3% to reach $178.4 million during the thir... Read more
UAE Markets
UAE's Taqa increases its profits by 72.6% in the third quarter
Abu Dhabi National Energy Company TAQA achieved a net profit growth of 72.6% to reach 1.365 billion... Read more
Crypto currencies
Brazilian cryptocurrency exchange plans to launch two separate tokens
Brazilian cryptocurrency exchange Mercado Bitcoin announced that it plans to launch two separate tok... Read more
Crypto currencies
Britain plans to launch a central bank digital currency by 2030
The Bank of England and the United Kingdom (UK) Treasury are planning to launch an advisory on the p... Read more
Gulf Markets
Moody's confirms the ratings of 9 Saudi banks
Moody's Investors Service has confirmed the long-term deposit ratings for the nine banks rated by th... Read more
Gulf Markets
Moody's confirms the ratings of "Saudi Real Estate Refinance"
Moody's Investors Service has confirmed the issuer's (A2/P-1) ratings of the Saudi Real Estate Refin... Read more
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