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 $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
Economic News
UAE Markets
123.5 billion dirhams, the total debt of the Dubai government until the end of June
The total direct debt of the Dubai government was about 123.45 billion dirhams ($ 33.61 billion) on... Read more
UAE Markets
Dubai plans to issue Islamic sukuk denominated in dollars
The Emirate of Dubai is in talks with a number of banks regarding a possible sale of Islamic sukuk... Read more
Crypto currencies
The Ethereum Classic network comes under the third attack in August
The Ethereum Classic network (ETC) was hit by a third attack in August, 51% on Saturday; This cause... Read more
Gulf Markets
Qatar raises minimum wage 25%
The State of Qatar announced, yesterday, Sunday, changes in labor laws according to which it raised... Read more
Gulf Markets
Bahrain plans its second bond offering this year
Bahrain is planning its second debt bond offering this year as part of its efforts to support pu... Read more
UAE Markets
Dubai plans to issue dollar bonds to support the economy
The Emirate of Dubai intends to issue Sukuk in US dollars to support its public finances.... Read more
Gulf Markets
Saudi Arabia discovers two new oil and gas fields in the northern border
Saudi Aramco has discovered two new oil and gas fields in the north of the Kingdom of Saudi Arab... Read more
Gulf Markets
18 million riyals distributions from Alinma Sukuk Fund
Alinma Investment Company announced the distribution of cash dividends amounting to a total of 1... Read more
World Markets
$ 3.17 billion Chinese "Sinopec" losses in the first half
Chinese Sinopec incurred its first net loss for half a year in light of weak fuel demand due to... Read more
UAE Markets
The UAE central bank increases the gold balance to 6.58 billion dirhams
The Central Bank of the Emirates increased the gold balance to a new record level at the end of... Read more
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