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
Emirates NBD earns AED 2.1 billion in the first quarter
Emirates NBD achieved 3% growth in net profit for the first quarter of 2020 to reach 2.1 billion... Read more
UAE Markets
Mandatory reserve of the UAE Central rises 7.7% in the first quarter
The balance of mandatory reserves for banks at the Emirates Central Bank increased by 7.7% to re... Read more
World Markets
Japan stocks are falling ahead of corporate results
The state of caution before announcing the results of Japanese companies today, Monday, led stocks... Read more
World Markets
US oil prices to a 21-year low
US crude oil prices fell during morning trading today, sharply to the lowest level since 1999 due to... Read more
Gulf Markets
Saudi Arabia launches incentive packages of more than 60 billion dollars
The Saudi government today unveiled new stimulus packages for the economy, in excess of 226 billion... Read more
World Markets
880 thousand respirators the world needs to face the crisis
Majid Qaddumi, President of the Middle East and Africa Region at Medtronic Company, stated that t... Read more
World Markets
The head of the largest sovereign fund faces the investigation before his departure
Lingev Slingstad, chief executive of the Norwegian sovereign wealth fund, is expected to face an... Read more
Gulf Markets
Al-Fokhariya acquires 75% of the “Advanced Pipes”
The Saudi Pottery (Pottery) Pipe Production Company has signed a purchase agreement for 75% of t... Read more
Gulf Markets
5% cash dividends for Petrochem shareholders for the year 2019
The Ordinary General Assembly of the National Petrochemical Company (Petrochem) approved the dis... Read more
UAE Markets
Agthia distributes AED 90 million in cash dividends
The Ordinary General Assembly of Agthia decided to distribute 15% cash dividends, at a value of... Read more
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