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
Budget Saudi Arabia cuts dividends
United International Transportation (Budget Saudi Arabia) has canceled the recommendation of the... Read more
Gulf Markets
Yansab profit fell 73% in the first quarter
Yanbu National Petrochemical Company (Yansab) profits decreased by 73.25% in the first quarter o... Read more
UAE Markets
Emirates Islamic profits decline 62% in the first quarter
Emirates Islamic Bank profits decreased by 62% in the first quarter of 2020 to reach 155 million... Read more
World Markets
One billion US dollars Halliburton losses in the first quarter
The US oilfield services company Halliburton incurred a loss of one billion dollars in the first... Read more
Gulf Markets
Mobily earns 130 million riyals in the first quarter
Saudi Mobily Company recorded a growth of 93% in the profits for the first quarter of 2020 to re... Read more
UAE Markets
Deyaar Development begins restructuring
Diyar Development Company has announced the start of the implementation of capital restructuring,... Read more
UAE Markets
Emirates NBD earns AED 2.1 billion in the first quarter
Emirates NBD achieved 3% growth in net profit for the first quarter of 2020 to reach 2.1 billion... Read more
UAE Markets
Mandatory reserve of the UAE Central rises 7.7% in the first quarter
The balance of mandatory reserves for banks at the Emirates Central Bank increased by 7.7% to re... Read more
World Markets
Japan stocks are falling ahead of corporate results
The state of caution before announcing the results of Japanese companies today, Monday, led stocks... Read more
World Markets
US oil prices to a 21-year low
US crude oil prices fell during morning trading today, sharply to the lowest level since 1999 due to... Read more
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