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
"International Monetary" calls for sovereign wealth funds in the Middle East to support their economies
An official from the International Monetary Fund said on Monday that the sovereign wealth funds in t... Read more
Gulf Markets
Raydan food turns into a loss in 2019 worth 4.8 million riyals
Raydan Food Company's financial statements showed a negative shift in the financial results in the... Read more
Crypto currencies
A new project that provides decentralized financing from Ethereum like Monero
The Incogneto Project, a new project for privacy and interoperability, seeks to mask the identity of... Read more
World Markets
$ 25 trillion in e-commerce volume in a year
E-commerce worldwide achieved 8% growth in 2018 to reach about $ 25.6 trillion, compared to 2... Read more
World Markets
Russia plans to cut oil production by 19%
Russia intends to reduce its oil production from the beginning of next May. According to A... Read more
Gulf Markets
"Sulaiman Al Habib" profits rise 5% in the first quarter
The profits of Sulaiman Al Habib Medical Group increased by 5.3% to reach 246.6 million riyals... Read more
UAE Markets
Dubai issues 550 immediate economic licenses in the first quarter
Dubai Department of Economic Development issued 550 immediate licenses during the first quarter... Read more
UAE Markets
First Abu Dhabi earns 2.4 billion dirhams in the first quarter
First Abu Dhabi Bank achieved a net profit of 2.4 billion dirhams during the first quarter of 20... Read more
World Markets
Amazon centers remain closed in France until May 5
Amazon announced that it would extend the closure of the six distribution centers in France un... Read more
Gulf Markets
Citigroup: Gulf countries may sell part of their assets
Citigroup expects that the Arab Gulf states will resort to selling some of their government asset... Read more
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