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
The "FD7" investment fund sells Bitcoin for $ 750 million
The cryptocurrency investment fund FD7 Ventures plans to sell Bitcoins worth $ 750 million, and in... Read more
World Markets
Citigroup lost $ 323 million after a fatal mistake
The American Citigroup Group incurred an estimated $ 323 million in losses due to a mistakenly tra... Read more
Gulf Markets
Arabian Shield increases its annual profit to 34.6 million riyals
Arab Shield Cooperative Insurance Company achieved a growth in profits by 157.375%, as it reached 4... Read more
Gulf Markets
Solidarity Saudi Arabia’s annual profits drop by 59%
Solidarity Saudi Takaful losses increased by 59%, reaching 69.844 million riyals for the year 2020... Read more
Gulf Markets
Cisco increases its annual profit by 174%
Saudi Industrial Services Company Cisco achieved a profit growth of 173.87%, with net profit reachi... Read more
Gulf Markets
Chemanol restructures loans worth 475 million riyals
The Methanol Chemicals Company (Chemanol) announced today, Sunday, the signing of an agreement to r... Read more
UAE Markets
Abu Dhabi Commercial acquires a real estate portfolio exceeding one billion dirhams
Abu Dhabi Commercial Bank has signed an agreement to acquire Abu Dhabi Finance's real estate financ... Read more
Crypto currencies
6 decentralized tokens experiencing tremendous growth in 2021 ... Learn about them
decentralized finance has grown steadily over the past year thanks to the strong foundations laid b... Read more
Crypto currencies
Bitcoin pooling by foundations and miners
After last week's violent price reversal that saw Bitcoin retreat from its all-time highs, traders... Read more
Gulf Markets
Saudi cables increase its capital 360 million riyals
Saudi Cable intends to increase the company's capital by offering rights issue shares.... Read more
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