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
World Markets
Disney profits decline 91% in the first quarter
Disney saw more than 90% decline in first-quarter earnings as its network of theme parks closed... Read more
Gulf Markets
Yanbu Cement increases profits by 27% in the first quarter
Yanbu Cement Company achieved 26.6% growth in first-quarter earnings of 2020 to reach 92.23 mill... Read more
UAE Markets
"Air Arabia" lay off 57 employees
Air Arabia announced the layoffs of 57 employees due to the impact of the Corona Virus pandemic,... Read more
UAE Markets
Dubai foreign trade achieved 323 billion dirhams in the first quarter
The value of Dubai's non-oil foreign trade amounted to about 323 billion dirhams in the first qu... Read more
World Markets
French «Total» profits fall 99%
The quarterly profits of French company Total fell by 99% due to lower oil prices, as the company... Read more
UAE Markets
"NMC" dismisses more than 300 employees
NMC Healthcare, a subsidiary of NMC Healthcare, has laid off more than 300 employees. Accordin... Read more
UAE Markets
The dirham increased 1.8% against the currencies of the 10 largest import partners in 2019
The UAE dirham increased by 1.8% against the currencies of the top 10 import partners from non-do... Read more
UAE Markets
UAE prevented 43 thousand electronic attacks during April
The National Computer Emergency Response Team at the Emirates Telecommunications Regulatory Autho... Read more
World Markets
Report: US crude exports in March fell from a record low
Foreign trade data released by the United States Census Bureau yesterday, Tuesday, showed that the c... Read more
Gulf Markets
Agency: Saudi oil exports may decline in May
Oil sector sources and analysts said that Saudi Arabia's exports of crude oil in May are expected to... Read more
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