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
1.39 billion dirhams, the loss of the UAE "Dana Gas" in nine months
The financial statements of the Emirati company Dana Gas showed that the company had lost its losse... Read more
Crypto currencies
Before the hard split, traders deposited 1.56 million "Bitcoin Cash" on the exchanges
With the near full split of the Bitcoin Cash chain on November 15th, Bitcoin Cash traders have depo... Read more
Gulf Markets
Kuwaiti "Warba Bank" turns into a loss of 9 months ... and the profits of the third quarter decreased
Kuwaiti Warba Bank announced that it has achieved losses of 11.431 million dinars in the first nine... Read more
World Markets
Oil prices are rising amid anticipation of the "OPEC +" decision and US stockpile data
global oil prices rose at the beginning of trading on Thursday amid a state of anticipation for the... Read more
UAE Markets
Emaar Properties: Quarterly profits drop 67%
Emaar Properties announced that its quarterly profits declined by 67%, to reach 430 million dirhams... Read more
World Markets
OPEC: Oil demand is down 9.75 million barrels per day
OPEC expected today, Wednesday, that global oil demand in 2020 will fall by 9.75 million Barrels pe... Read more
UAE Markets
Holding Company acquires 45% of Louis Dreyfus shares
ADQ Holdings signed an indirect acquisition agreement for a 45% stake in Louis Dreyfus, a compan... Read more
Gulf Markets
Fitaihi Group profits jumped to 38 million riyals in the third quarter
Fitaihi Holding Group achieved a 1643% jump in net profit for the third quarter of 2020 to reach... Read more
World Markets
Alibaba makes $ 56 billion on Singles' Day
the Chinese Alibaba Group announced that it had orders exceeded $ 56 billion through its e-comme... Read more
Gulf Markets
45 million riyals, Saudi "Nadec" losses in the third quarter
The National Agricultural Development Company (Nadec) turned to losses in the third quarter of 2... Read more
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