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
The UAE pumps 2.4 million barrels per day in May
The UAE pumped around 2.40 million barrels of crude oil per day during the month of May. "This... Read more
Gulf Markets
"Extra" quarterly profits rise 2.5% to 34.7 million riyals
The financial statements of United Electronics Company (eXtra) showed that the company's profits in... Read more
Crypto currencies
Amazon Gets Patent Blockchain Tracking System
Amazon, the world's largest e-commerce company, filed a patent for a Blockchain system that tracks c... Read more
World Markets
$ 764 million quarterly profit for "HP"
HP Electronics announced a net quarterly profit of $ 764 million, as the company posted an adjust... Read more
World Markets
American Airlines plans to cut management personnel by 30%
The American Airlines group plans to cut its staff in administration and support services by 30%,... Read more
World Markets
Nissan reports annual losses of $ 6.2 billion
Nissan Motor Company posted a net loss of 671 billion yen, equivalent to $ 6.2 billion for the ye... Read more
Gulf Markets
End the service of 1500 foreign employees on Kuwait Airways
Kuwait Airways plans to cut about 1500 foreign employees out of a total of 6000 employees, inclu... Read more
UAE Markets
Dubai decides to return 50% of government employees next Sunday
The government of Dubai has decided to resume the work of employees at government headquarters by... Read more
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