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
$ 900 billion in projected losses for tourism in 2020
The Secretary-General of the United Nations, Antonio Guterres, confirmed that the movement of fo... Read more
UAE Markets
9.76 billion dirhams have liquidity from the Gulf in the UAE market since the beginning of the year
The UAE capital markets recorded a circulation of liquidity for Gulf investors, worth 9.76 billi... Read more
World Markets
Expectations for gasoline demand to return to the normal level by the end of 2021
Barclays Bank expects that demand for gasoline in the United States and the world will return to it... Read more
Crypto currencies
3 factors behind the Bitcoin price dropping 6% in less than two days
The price of Bitcoin (BTC) has suddenly dropped from $ 11823 to $ 11102 in the last 48 hours. While... Read more
UAE Markets
Flydubai increases its destinations to 34 destinations around the world
flydubai has increased its air coverage around the world, bringing the total number of these destin... Read more
Gulf Markets
City Cement General approves a 26% capital reduction
The extraordinary general assembly of Al Madina Cement Company, in its meeting held on Tuesday, app... Read more
Gulf Markets
Al-Hokair turns to a loss in the first quarter of 535.6 million riyals
The financial statements of Fawaz Abdulaziz Alhokair & Partners showed that the company had shifted... Read more
Gulf Markets
National Gas profits fall 58% in the first half
The financial statements of the National Gas and Industrialization Company showed a decline in the... Read more
Gulf Markets
Saudi “exports” increase its losses by 250% in the second quarter
The Saudi Industrial Exports (Saderat) increased its losses by 250% to incur losses of 11.5 mill... Read more
Gulf Markets
"Nadec" profits jumped to 131.6 million riyals in the second quarter
The National Agricultural Development Company (NADEC) achieved a jump in profits for the second... Read more
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