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
Dubai financial market profits rise 24% in the first quarter
The Dubai Financial Market Company achieved 24% growth in profits for the first quarter of this y... Read more
UAE Markets
Abu Dhabi consumer price index down 1.4% in April
Abu Dhabi CPI decreased by 1.4% in April 2020 to 108.6%, compared to 110.2% in April of 2019. >... Read more
UAE Markets
The assets of the UAE Central rise 1.3% during April
The total assets of the Emirates Central Bank increased by 1.3% to reach 452.2 billion dirhams du... Read more
UAE Markets
Abu Dhabi Holding launches a project fund of 1.1 billion dirhams
ADQ Holding has announced the launch of a new project fund called Alfa Wave Investment Fund worth... Read more
UAE Markets
Abu Dhabi non-oil trade increases 5.6% in the first quarter
The value of non-oil foreign trade in the Emirate of Abu Dhabi increased by 5.6% to reach 55 bill... Read more
UAE Markets
The assets of Emirati banks reach 3.156 trillion dirhams in April
The total banking assets in the UAE, including bank acceptances, increased to approximately 3.156... Read more
Crypto currencies
Giant Bitmex digital exchange stops "temporarily" for not connecting to the Internet
The giant digital exchange (BitMEX) stopped briefly without an internet connection just three days a... Read more
Gulf Markets
The profits of Saudi Airlines Catering declined 85% in the first quarter
The financial statements of Saudi Airlines Catering Company showed that the company's profits in th... Read more
World Markets
European Finance and Economy Ministers discuss measures to respond to the "Corona" crisis
Yesterday, Tuesday, European Union finance and economy ministers discussed the progress made on Euro... Read more
World Markets
US oil prices are rising ... and weekly stockpiles are declining
US crude oil prices rose on Tuesday, in conjunction with Treasury Secretary Stephen Mnuchin's announ... Read more
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