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
World Markets
Germany's budget deficit due to Corona
Strong exports and durable construction activities resulted in the German economy growing 0.3%, be... Read more
Gulf Markets
Najran Cement increases its annual profit by 282%
The profits of Najran Saudi Cement Company witnessed an increase of 282% to reach about 204 million... Read more
World Markets
Huawei's profits rise despite US sanctions
Huawei saw slight revenue and profit growth in 2020, in line with its forecast, even as Washington... Read more
Crypto currencies
Square is pumping $ 170 million into additional Bitcoin investment
Square financial services company announced that it has acquired more Bitcoins, as the company said... Read more
Gulf Markets
Saudi Arabia returns to the global debt market by offering two tranches of euro bonds
The Kingdom of Saudi Arabia is heading to return to global debt markets again this year; By marketi... Read more
UAE Markets
Emirates Driving recommends a 100% cash dividend for the year 2020
The Board of Directors recommended to Emirates Driving Company, to distribute cash dividends to sha... Read more
Gulf Markets
Kuwaiti "Zain" profits fall 15% in 2020 due to the repercussions of "Corona"
The financial statements of the Mobile Telecommunications Company (Zain) showed that the company's... Read more
World Markets
Oil prices decline before the release of US stockpile data
Oil prices declined during trading Wednesday, before the release of US stockpile data, amid expecta... Read more
World Markets
Infographic: Facebook's journey in 17 years ... What has the company achieved
marks the third of February every year, the anniversary of the founding of the most famous social n... Read more
World Markets
Lucid Motors and Sheeshell Capital Corp. merger
Lucid Motors has signed a merger agreement with Shechel Capital Corp. AV (CCIV), a publicly listed... Read more
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