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
Gulf Markets
Bank Albilad distributes 375 million riyals of semi-annual cash profits
The Board of Directors of Bank Albilad, in its meeting held on Monday, recommended distributing 375... Read more
World Markets
China: Corona deaths exceed 1,000 people
The Chinese authorities announced today, Tuesday, that the number of deaths from the new corona viru... Read more
Gulf Markets
Zain Saudi Arabia amends its recommendations regarding the company's capital
The board of directors of Zain Saudi Arabia decided to amend its previous recommendations regarding... Read more
Gulf Markets
Bahrain's budget deficit shrinks to 4.7% of GDP in 2019
The Bahraini Finance Ministry said on Monday that the budget deficit shrank to 4.7% of GDP in 2019 f... Read more
World Markets
Trump announces a budget of about 5 trillion dollars
US President Donald Trump announced yesterday, Monday, his proposal for a new fiscal year budget of... Read more
UAE Markets
CIB increases its profits by 22% in the fourth quarter
The Emirates International Commercial Bank achieved a net profit of 111 million dirhams in 2019.... Read more
Gulf Markets
Al-Rajhi bank’s annual profits rise 170%
Al-Rajhi Bank's financial statements showed an increase in annual profits for the past year by 169.6... Read more
World Markets
Carlos Ghosn seeks compensation in the amount of 17 million dollars
Lawyers for Carlos Carlos Ghosn, former chairman of the Renault-Nissan-Mitsubishi alliance and th... Read more
World Markets
The Egyptian pound reaches its highest level in 3 years
The Egyptian pound reached its highest levels against the dollar on Monday in more than 3 years,... Read more
World Markets
Loans from "Ali Baba" for companies affected by the virus
The Chinese Alibaba Group announced that its sister company, You Financial, will provide 20 billi... Read more
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