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
"SABIC" recommends distributing 4.5 billion riyals in semi-annual profits
The Board of Directors of the Saudi Basic Industries Corporation (SABIC) recommended distributing c... Read more
UAE Markets
Liquidity in UAE banks increased by 1.8% in May
The banking system in the UAE has achieved a rise of 1.8% in the value of liquidity in its compre... Read more
World Markets
Egypt intends to borrow from Emirati banks
The Egyptian government intends to raise a loan of more than one billion dollars, as it addresse... Read more
UAE Markets
Sharjah Islamic is selling sukuk for $ 500 million
Sharjah Islamic Bank intends to sell $ 500 million in five-year dollar sukuk, at 2.9%, plus or mi... Read more
World Markets
600 thousand Britons lose their jobs due to Corona
Official data showed that the number of people on the lists of British companies wages fell by m... Read more
World Markets
Corona vaccine manufacturer CureFak plans to sell its Nasdaq shares
The German vaccine company, CureVac, plans to raise funds by selling shares in an initial public... Read more
Gulf Markets
A Saudi fund that supports industrial projects with 3.7 billion riyals
The Saudi Industrial Development Fund launched initiatives totaling 3.7 billion riyals (986.40 m... Read more
World Markets
The Japanese central bank supports trillion dollars
The central bank of Japan kept its monetary policy unchanged, expecting the economy to gradually... Read more
World Markets
Pay and transfer money via WhatsApp in Brazil
Facebook launched its payment and money transfer service on WhatsApp in Brazil. According t... Read more
UAE Markets
First Abu Dhabi bonds sold for $ 197.3 million
First Abu Dhabi Bank sold Formosa 1.4-year bonds worth 1.4 billion yuan ($ 197.3 million) at a 3.... Read more
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