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
Chairman of Shuaa Capital raises his stake to 30%
Jassim Al Seddiqi, CEO of Shuaa Capital, raised his ownership stake in the company to nearly 30% to... Read more
Gulf Markets
The percentage of free trading increased by 10% in "The Saudi Investment"
The percentage of free float shares in The Saudi Investment Bank rose by 10% after it sold treasury... Read more
Gulf Markets
Savola buys 349 thousand shares to motivate employees
The Savola Group completed the first phase of the purchase of its shares last Thursday by purchasin... Read more
Gulf Markets
"Islamic Development" intends to finance the "NEOM" and "Red Sea" projects
The Islamic Corporation for the Development of the Private Sector of the Islamic Development Bank is... Read more
Gulf Markets
FTSE Russell is considering upgrading the Saudi debt market at the end of September
FTSE Russell has set the last day of September for a decision on upgrading the Saudi debt stock exc... Read more
World Markets
Report: Europe's Smallest Economies Its Richest Citizens
Although Europe is home to four of the world's ten largest economies, according to World Bank data,... Read more
UAE Markets
UAE reduces tax fines by 70% until the end of 2021
The UAE Federal Tax Authority has called on business owners to take advantage of the reduction in ta... Read more
Gulf Markets
"United Cooperative Insurance" accumulated losses decline to 28.4% of the capital
Today, Sunday, the United Cooperative Insurance Company announced a decrease in its accumulated loss... Read more
Gulf Markets
Kuwait National Bank succeeds in pricing unsecured bonds worth $1 billion
The National Bank of Kuwait announced the successful pricing of $1 billion in unsecured priority bon... Read more
World Markets
Egypt pays $2 billion to 17 international and Gulf institutions
The Egyptian Ministry of Finance paid $2 billion owed to it in favor of a coalition of Gulf and inte... Read more
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