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
“Makkah” exempts tenants from the rent for a period of 6 months
Makkah Construction and Development Company announced that it will exempt tenants for a period of s... Read more
World Markets
Oil prices are rising in early trading Thursday despite concerns about demand
Oil prices rose marginally during Asian trading with Hurricane Delta approaching the Gulf of Mexico... Read more
World Markets
Samsung expects an 85% increase in profits in the third quarter
The Korean company Samsung expected its profits to increase by 58% for the quarter ended Septemb... Read more
World Markets
America prepares new sanctions for Iran
A source from the Republican Party in the US Congress announced that the Trump administration is... Read more
UAE Markets
Union Real Estate increases the capital of 3 subsidiary companies
Al-Etihad Real Estate Company has completed the capital increase of three subsidiary companies,... Read more
World Markets
Will the dollar price collapse at the end of next year?
The Financial Times expects the price of the dollar to collapse by up to 35% of its value by the... Read more
Gulf Markets
Saudi Investments intends to buy a stake in LuLu Group
The Saudi Public Investment Fund is in early talks to buy a stake in the Lulu Group Internationa... Read more
Gulf Markets
Expectations of a 20% decline in profits of Gulf banks next year
A report by Moody's expects that bank profits in the Gulf countries will decline by 20% in 2021,... Read more
World Markets
$ 418 million daily losses for global airlines
The International Air Transport Association (IATA) called on governments to provide more support... Read more
World Markets
SoftBank’s share reached its highest level in 20 years
SoftBank's share price jumped to its highest level in 20 years, in light of expectations that th... Read more
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