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
EXtra increases its profit 95.4% in the third quarter
United Electronics Company (Extra) achieved 95.4% growth in profits for the third quarter of thi... Read more
UAE Markets
8.987 billion dirhams, the gold balance in the UAE by the end of August
The UAE Central Bank's gold balance continued to rise, reaching its value to 8,987 billion dirha... Read more
Gulf Markets
"NBK" repurchases and issues securities after the approval of the "Kuwaiti Central"
The National Bank of Kuwait announced that it has obtained approval from the Central Bank of Kuwait... Read more
UAE Markets
DAMAC awards an Emirati company a contract worth 181 million dirhams
DAMAC Properties announced the award of a contract worth 181 million dirhams for Trans Emirates Con... Read more
Crypto currencies
The Ledger digital wallet company passes a formal security audit
Ledger, a cryptocurrency company that provides a number of hardware wallet solutions, received a su... Read more
Gulf Markets
Zain Saudi Arabia approves capital reduction to offset accumulated losses
The extraordinary general assembly of the Mobile Telecommunications Company (Zain Saudi Arabia), at... Read more
World Markets
US sanctions against 18 Iranian banks
The US Treasury has imposed sanctions on 18 Iranian banks; To isolate Iran from the global banki... Read more
UAE Markets
NMC Health will be restructured or sold in April
UAE company NMC Health officials are looking forward to completing the creditors-led restructuri... Read more
UAE Markets
Fitch expects the economy of Abu Dhabi and Ras Al Khaimah to grow
The global credit rating agency Fitch expects that the economy of the Emirate of Abu Dhabi and the... Read more
Crypto currencies
OKCoin opens its doors to Singapore cryptocurrency traders
OKCoin, one of the oldest cryptocurrency exchanges in the world, has announced that it will open it... Read more
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