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 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
UAE Markets
Aramex intends to acquire a Turkish company for $500 million
Dubai Financial Market-listed Aramex is in talks to buy Turkish delivery company MNG Cargo. Acco... Read more
World Markets
China tightens control over gaming companies
Chinese authorities have summoned gaming companies, including Tencent Holdings and Netease, to disc... Read more
World Markets
A proposal to list family businesses on the Egyptian Stock Exchange
The Egyptian Stock Exchange, headed by Mohamed Farid, approved the proposal of the Banking and Excha... Read more
UAE Markets
Al Dhabi Capital launches a fund for the Middle East and North Africa
The Abu Dhabi-based financial investment management company, Al Dhabi Capital, has launched an equit... Read more
Gulf Markets
18 million riyals, "SASCO" distributions for the first half
The Saudi Automotive Services and Equipment Company (SASCO) decided to distribute dividends to the... Read more
Gulf Markets
Industrial production in Saudi Arabia rises 5.9% in July 2021
Today, Thursday, the data of the Saudi General Authority for Statistics showed an increase in the in... Read more
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