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
Kuwaiti "Alafco" sues "Boeing" company
The Kuwaiti company, Alafco, to finance the purchase and leasing of aircraft, filed a lawsuit aga... Read more
World Markets
Credit Suisse's profits rise 75% in the first quarter
Credit Suisse Group achieved a 75% increase in first quarter net profit. According to Reuter... Read more
Gulf Markets
Saudi GDP expected to shrink 4.5%
Standard Chartered Bank expects Saudi Arabia's gross domestic product to contract by 4.5% year-o... Read more
UAE Markets
315 million dirhams of profits, "Dubai Commercial" in the first quarter
Commercial Bank of Dubai posted a net profit of 315 million dirhams during the first quarter of... Read more
World Markets
Facebook acquisition of $ 5.7 billion
Facebook has decided to buy a 10% stake in Indian Jio platforms, valued at $ 5.7 billion, which... Read more
Gulf Markets
Umm Al-Qura Cement earns 38.5 million riyals in the first quarter
Umm Al-Qura Cement Company achieved 79% growth in first-quarter earnings of 2020 to reach 38.5 m... Read more
Gulf Markets
419 million riyals of profits, "Saudi Bahri" in the first quarter
The Saudi National Shipping Company (Maritime) achieved a growth of 133.77% in the profits for t... Read more
Gulf Markets
Najran cement profit increased 562% in the first quarter
Najran Cement Company recorded a growth of 562.4% in the profits for the first quarter of 2020 to... Read more
UAE Markets
The National Takaful Company distributes 6% cash dividends
The general assembly of the National Takaful Company Wataniya approved a cash dividend of 6% for... Read more
UAE Markets
An increase of 8 billion dirhams in cash circulated outside Emirati banks in the first quarter
The value of liquidity circulated outside the UAE banks during the first quarter of this year inc... Read more
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