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
NMC's chief financial officer leaves the Emirates
The chief financial officer of the ongoing health investigation group, NMC, was able to travel to... Read more
UAE Markets
The UAE does not intend to raise VAT
The UAE Ministry of Finance announced that it does not intend to increase the value-added tax in... Read more
World Markets
Car sales in China rise for the first time in 22 months
Monthly sales of cars in China rose for the first time in 22 months, easing restrictions on coron... Read more
Gulf Markets
Saudi Aramco cuts domestic gasoline prices for May
Saudi Aramco said on Sunday that it had reduced domestic gasoline prices for the month of May. Acc... Read more
UAE Markets
Emirates Airlines to borrow due to "Corona" pandemic
Emirates Airlines, one of the largest long-haul airlines in the world, has announced that it will bo... Read more
Gulf Markets
Kuwaiti Central: 821.2 million dinars, balance of payments surplus in 2019
The Central Bank of Kuwait said today, Monday, that the balance of payments of Kuwait recorded a sur... Read more
Gulf Markets
Stop the cost of living allowance in Saudi Arabia and raise the VAT to 15%
Saudi Arabia suspended the cost of living and raised the value-added tax rate in the context of mea... Read more
Crypto currencies
Digital currency trading makes a historic jump as bitcoin approaches
Previous speculation of the Bitcoin half-time pushed the historical volumes of cryptocurrency tradi... Read more
World Markets
Latin America's second largest airline goes bankrupt due to Coruna
The second largest airline in Latin America, the Colombian company Avianca Holdings, filed for ba... Read more
Gulf Markets
Saudi "Investments" fund looking to buy a stake in "GEO" platforms
The Saudi Public Investment Fund plans to buy a minority stake in Jio PLATFORMS, the digital arm... Read more
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