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
244 million dirhams net foreign investments in UAE stocks within a week
Foreign investment increased its acquisition of UAE stocks, during the past week, with a net investm... Read more
UAE Markets
Waiver of trading fees for the Sharia-compliant spot gold contract in the UAE
The Dubai Gold and Commodities Exchange announced the cancellation of trading fees associated with t... Read more
UAE Markets
ADNOC Distribution saves 55 million dirhams in operating expenses in 6 months
Badr Al-Lamki, CEO of ADNOC Distribution, said that his company succeeded in saving 55 million dirha... Read more
UAE Markets
The profits of the Emirati "Majid Al Futtaim" jumped 74% in the first half, with the support of the real estate sector
The net profit of the Emirati Majid Al Futtaim Group increased by 74% in the first half of this year... Read more
UAE Markets
A Russian company intends to issue dirham-denominated bonds on the Moscow Stock Exchange
Russia's Rusal, the world's largest aluminum producer, intends to issue UAE dirham-denominat... Read more
UAE Markets
ADNOC signs an agreement to supply liquefied gas to Japan's "Japex" at $550 million
ADNOC Gas has signed a five-year LNG supply agreement with Japan Oil Exploration Company Limited (Ja... Read more
UAE Markets
The profits of the UAE “Union Coop” declined 31% in the first half
The profits of Union Coop declined by 31 percent year on year in the first half of 2023, compared to... Read more
UAE Markets
The profits of the Emirati "Al-Ansari" declined 10.7% in the second quarter
Net profits of Al Ansari Financial Services Group fell by 10.7 percent in the second quarter of this... Read more
UAE Markets
Emaar Properties profits rise 15% in the first half
The net profit of the Emirati company, Emaar Properties, increased by 15 percent in the first half o... Read more
UAE Markets
ADNOC Gas signs a contract worth 13.1 billion dirhams to expand the gas processing infrastructure
ADNOC Gas has awarded a contract worth 13.1 billion dirhams ($3.6 billion) to a joint venture betwee... Read more
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