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
Yanbu Cement General approves the distribution of 197 million riyals as semi-annual profits
The General Assembly of Yanbu Cement Company, at its meeting held on Wednesday, approved the recomm... Read more
Gulf Markets
"Al-Ahli Takaful" profits fell 26.5% in the first quarter
Al-Ahly Takaful’s financial statements showed that the first quarter’s profits for the year fell 26... Read more
Gulf Markets
AXA Insurance profits rise 31.6% in the first quarter
AXA Cooperative Insurance Company's financial statements show an increase of 31.6% in the first quar... Read more
Crypto currencies
Coin Square hacking puts millions of dollars in Bitcoin at risk
The hackers have stolen nearly 50,000 email addresses from the Canada-based crypto exchange platform... Read more
World Markets
2.1 billion euros, "Lufthansa" losses in the first quarter
German airline Lufthansa suffered a quarterly loss of 2.1 billion euros in the first quarter; Due... Read more
World Markets
Zoom expects annual revenues of $ 1.8 billion
The Zoom platform has doubled its forecast for annual revenue, with an increase in the number of... Read more
World Markets
New oil discovery in Egypt
The Egyptian Ministry of Petroleum announced a new petroleum investigation into the Abu Saanan r... Read more
UAE Markets
The UAE prevented more than 77,000 cyber attacks in May
The UAE Telecommunications Regulatory Authority (TRA) managed to prevent 77,919 cyber attacks in... Read more
UAE Markets
Air Arabia dismisses a number of its employees
Air Arabia decided to lay off a number of employees in various departments due to the activity b... Read more
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