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 considers selling some assets to Aldar Properties
The Mubadala Investment Company is considering selling some real estate assets, including the Gal... Read more
Gulf Markets
3.7 million riyals losses, "Gulf General Insurance" in the first quarter
Gulf General Cooperative Insurance Company recorded losses of 3.7 million riyals in the first qu... Read more
UAE Markets
Abu Dhabi Sovereign Fund increases its stake in the Spanish "Celinex"
The Abu Dhabi Investment Authority (Abu Dhabi's sovereign wealth fund) has increased its stake in... Read more
World Markets
British inflation falls to its lowest level since June 2016
Inflation in Britain fell last month to its lowest level since June 2016. According to Reute... Read more
World Markets
HSBC to cut 35,000 jobs
HSBC plans to resume previous plans to reduce the approximately 35,000 jobs it has frozen after t... Read more
UAE Markets
Banking assets in the UAE rise to 3.166 trillion dirhams in May
Total banking assets, including bank acceptances, increased by 0.3% to reach 3.166 trillion dirha... Read more
UAE Markets
Deposits of residents in the UAE reach 465.6 billion dirhams at the end of April
Deposits of individuals residing in Emirati banks increased by 14.74 billion dirhams, to reach du... Read more
Gulf Markets
Aramco Acquires 70% of SABIC
The Saudi Basic Industries Corporation (SABIC) announced the completion of the acquisition of the S... Read more
Gulf Markets
41.8 million riyals, "Spimaco Pharmaceutical" profits in the first quarter
The company said in a statement to the Stock Exchange that the positive shift in the results du... Read more
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