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
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
Crypto currencies
Walmart is looking for an expert to expand digital payment options
Walmart is seeking a cryptocurrency expert to expand its virtual payment options, as more and more F... Read more
World Markets
Oil prices rise after three days of losses
Crude oil prices stabilized Tuesday morning, after a three-day decline that was driven by the growin... Read more
Gulf Markets
Alujain buys stakes from NATPET shareholders at a value of 814.6 million riyals
Alujain Holding Company signed, on Monday, an agreement to purchase shares allocated to a group of s... Read more
Gulf Markets
GFH expects the acquisition of Al Khaleeji Commercial to expire at the end of 2021
GFH Financial Group expected the voluntary acquisition of Khaleeji Commercial Bank to be completed t... Read more
Gulf Markets
Qatar's commodity balance surplus jumps 198% in the second quarter
Qatar's merchandise trade balance surplus increased by 198% year-on-year at the end of the second qu... Read more
Gulf Markets
Kuwait cuts spending from the current budget by at least 10%
The Kuwaiti Cabinet has ordered all government agencies to cut spending from the current fiscal year... Read more
Gulf Markets
The Bahrain government’s deficit drops 35% in the first half of 2021
Yesterday, Monday, the Bahraini Ministry of Finance said that the government's deficit amounted to 5... Read more
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