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
Volkswagen expects first-quarter profit to drop 8%
Volkswagen Group withdrew its forecast for 2020 after operating profit fell 81% in the first qua... Read more
Gulf Markets
The Saudi Frenchman intends to buy 3 million of his shares
The Board of Directors of the Saudi Fransi Bank agreed to purchase a number of the company’s sha... Read more
World Markets
Morgan Stanley profit fell 32% in the first quarter
The profits of Morgan Stanley fell by 32%, as the economic downturn caused by the Corona epidemic... Read more
Gulf Markets
50.74 million riyals Swicorp REIT dividends
Swicorp has announced distributing dividends to owners of Swicorp and RET Fund units in the amoun... Read more
Gulf Markets
A unified food security network for the Gulf countries
The Gulf Cooperation Council countries agreed on the proposal, Kuwait, to establish a unified Gul... Read more
Gulf Markets
Bank Albilad intends to buy 5 million of its shares
The bank plans to buy about 5 million shares of its shares, and allocate them to the bank's emplo... Read more
UAE Markets
A $ 20 Million Check Reveals NMC's Hidden Debt
The total debt of NMC Medical Group was $ 6.6 billion, but the disclosure of this number is due t... Read more
World Markets
22 million Americans ask for unemployment benefit because of Corona
The United States registered 5.2 million new applications for unemployment benefits last week, br... Read more
World Markets
OPEC expects oil demand to decrease by 6.85 million barrels per day
OPEC expects a collapse in global oil demand during the year 2020 due to the global economic para... Read more
World Markets
Goldman Sachs quarterly profit down 49%
The quarterly profits of Goldman Sachs declined by 49% after the bank set aside about one billion... Read more
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