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
The profits of Emirates Etisalat increased last year to 8.7 billion dirhams
Emirates Telecommunications Group announced yesterday, Tuesday, its consolidated financial statement... Read more
Gulf Markets
SR 76 million in profits for Al-Muammar Information Systems in 2019
Al-Muammar Information Systems Company financial data showed an increase in profits for the past ye... Read more
Gulf Markets
The annual profits of "Dor Hospitality" declined, and the company distributed 50 million riyals
The financial statements of Dor Hospitality showed that last year's earnings fell 7.8% year on year... Read more
Gulf Markets
Mobily reports a quarterly loss of 125 million riyals
Etihad Mobily recorded a quarterly loss of 125 million riyals in the last quarter of 2019, compa... Read more
World Markets
China supports purchases by exempting 696 US goods from duty
China decided to exempt 696 American goods from punitive customs duties. According to Reuters... Read more
Gulf Markets
Saudi inflation rises 0.4% in January
The consumer price index in Saudi Arabia increased by 0.4% in January from a year earlier, which... Read more
UAE Markets
Foreign currency deposits in UAE banks increase 5% in 2019
The total balance of deposits in foreign currencies at UAE banks increased by 5% to reach approx... Read more
World Markets
Glencore is losing $ 404 million in 2019
Glencore Mining Company incurred its first annual net loss since 2015, with the company's net los... Read more
World Markets
Nissan Director offers to resign if conditions do not improve
Makoto Yoshida, the new CEO of Nissan, announced that he would accept the dismissal from his posi... Read more
World Markets
HSBC Plans to Sell Assets and Cut Jobs
HSBC Holdings plans to sell $ 100 billion in assets, and to cut 35,000 jobs as part of radical re... Read more
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