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
UAE's Etisalat acquires 8.7% of Etisalat Investments in North Africa
The UAE's Etisalat Group has signed an agreement with the Abu Dhabi Fund for Development to acquire... Read more
Gulf Markets
Kamco Invest invests in UK real estate with an amount of 8.1 million dinars
KAMCO Investment Company KAMCO Invest announced its participation in an investment opportunity, thro... Read more
World Markets
Oil prices rise ahead of US inventory data
Oil prices rose during trading today, Wednesday, before the release of US inventory data, and with t... Read more
Crypto currencies
Cryptocurrency exchange valuation doubled to $263 million
Bitpanda, a European cryptocurrency exchange, has raised $263 million in a new funding round valued... Read more
Gulf Markets
SABB Takaful turns profitable in the second quarter
SABB Takaful Company turned profitable in the second quarter of 2021 by about 3.25 million riyals,... Read more
Gulf Markets
4.3 million riyals, “Sadaq” losses in the second quarter
The Saudi Industrial Development Company incurred losses of 4.3 million riyals in the second quarte... Read more
Gulf Markets
6.9 million riyals, losses of "SEDCO Capital REIT" at the end of the first half
The Saudi Economic and Development Company for Securities SEDCO Capital has released the reviewed p... Read more
UAE Markets
The sale of the UAE’s Tabreed’s stake in Qatar Cool for 417 million dirhams
The UAE National Central Cooling Company Tabreed signed an agreement to sell its 44% stake in the N... Read more
Gulf Markets
98 million riyals, losses for "Sera Holdings" in the second quarter
Seera Holding Group reduced its losses by 43% to reach, after zakat and tax, 98 million riyals in t... Read more
Gulf Markets
Dar Al-Arkan's profits increased by 117% in the second quarter
Dar Al Arkan Real Estate Development achieved a significant increase in profits by 117% to reach, a... Read more
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