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
Profits of Al-Andalus Real Estate decline 40% in the first quarter
The profits of Al-Andalus Real Estate Company decreased by 39.6% to reach 12.2 million riyals in... Read more
Gulf Markets
Bank Albilad profits drop 5% in the first quarter
The profits of Bank Albilad decreased by 5.2% to reach 270 million riyals in the first quarter of... Read more
Gulf Markets
Saudi Fransi profit fell 26% in the first quarter
The profits of the Saudi Fransi Bank decreased by 25.6% to reach 682 million riyals in the first... Read more
World Markets
Airbus plans to cut 10%
Airbus is in talks with labor unions to develop a plan to permanently write off a number of jobs... Read more
World Markets
Arab Bank profits fell 36% in the first quarter
The Arab Bank recorded a 36% decline in first-quarter earnings 2020 to reach $ 147.6 million afte... Read more
Gulf Markets
Qatar Airways plans to lay off 20% of its employees
Qatar Airways plans to lay off about 20% of its workforce due to the repercussions of the Corona... Read more
UAE Markets
Abu Dhabi's non-oil trade balance achieved a surplus of 8.3 billion dirhams in 2019
The Emirate of Abu Dhabi achieved a surplus of approximately 8.3 billion dirhams in the trade bal... Read more
UAE Markets
Abu Dhabi banks net income of 9.6 billion dirhams in 3 months
The net income of commercial and Islamic banks in the Emirate of Abu Dhabi reached 9.6 billion d... Read more
Crypto currencies
Bitcoin users remove $ 200 million from currency after half-way
Bitcoin users removed $ 200 million of the world's most popular and largest digital currency from e... Read more
Gulf Markets
"Sasco" receives 112 million riyals in dues from "Aramco"
The Saudi Automotive Services Company (SASCO) announced a statement regarding its previous announcem... Read more
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