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
Mubadala plans to sell $ 3-4 billion of bonds
The UAE-based Mubadala Company intends to sell three-tiered bonds worth between three billion and... Read more
World Markets
Toyota expects 80% profit decline
Toyota Motor expected its profit to drop by 80% to its lowest level in 9 years. According to R... Read more
UAE Markets
Facilities of 16.5 billion dirhams for the industrial and business sectors in the first quarter
The value of financial facilities granted by the UAE banks to the business and industrial sectors... Read more
UAE Markets
ADNOC Distribution earns 400 million dirhams in the first quarter
ADNOC Distribution achieved 4.7% growth in basic earnings before interest, tax, depreciation and... Read more
Gulf Markets
"Aramco" profits decline 25% in the first quarter ... and the distribution of 70 billion in cash
Saudi Aramco's financial statements showed that the first quarter profit of this year decreased by 2... Read more
Gulf Markets
"Takween" signs an existing financing rescheduling agreement with Saudi banks
Takween Advanced Industries has announced that it has signed a rescheduling agreement for an existin... Read more
World Markets
Standard & Poor's does not exclude further countries' ratings downgrade
Standard & Poor's said on Monday that governments around the world are likely to face further cuts i... Read more
Gulf Markets
Saudi Arabia: Deepening oil cuts aimed at accelerating rebalancing of the market
The Saudi Energy Minister said that the kingdom's deepening of oil production cuts in June aims to a... Read more
World Markets
2.77 billion dollars in emergency financing for Egypt from the International Monetary Fund
The International Monetary Fund said on Monday that its Executive Board had approved emergency fundi... Read more
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