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
Crypto currencies
Growth in Bitcoin Demand by Goldman Sachs Customers
US banking giant Goldman Sachs recently decided to restart the cryptocurrency trading desk. This ha... Read more
UAE Markets
Dana Gas recommends distributing 5.5 fils per share in cash for the year 2020
The Board of Directors recommended that the UAE Dana Gas Company distribute cash dividends for the... Read more
Gulf Markets
The decline in revenues reduces Sipchem's profits by 41.3% in 2020
The financial statements of Sahara International Petrochemical Company (Sipchem International) show... Read more
Gulf Markets
"Riyadh Development" will distribute 116 million riyals for the second half of 2020
The board of directors of Arriyadh Development Company recommended distributing cash dividends to t... Read more
World Markets
Fitch affirms Egypt's rating at (B +) with a stable outlook
Fitch Ratings affirmed Egypt's rating at (+ B) with a stable outlook. The agency stated that... Read more
World Markets
Elon Musk's net worth increased by $ 5 billion
The rise of US technology companies' shares after falling bond yields led to a rise in Tesla share... Read more
Gulf Markets
$ 15 billion credit facility for the "Investment Fund"
The Saudi Public Investment Fund has signed a $ 15 billion multi-currency revolving credit facili... Read more
World Markets
$ 15 billion in Pfizer sales of the Covid-19 vaccine
Weiz and its German partner Biontech managed to produce 3 billion doses of the Covid-19 vaccine n... Read more
UAE Markets
Dubai government extends freezing its fees until 2030
In order to support economic stability in the Emirate of Dubai, enhance competitiveness and attrac... Read more
Gulf Markets
The Saudi market index reaches its highest level in 6 years
The general index of the Saudi stock market, the TASI, rose towards the level of 9600 points, to t... Read more
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