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
Al-Othaim Markets distributed 247.5 million riyals in cash dividends
The Board of Directors of Abdullah Al-Othaim Markets Company approved the distribution of cash divid... Read more
UAE Markets
Monetary Fund: The UAE is an example of how to address challenges and turn crises into opportunities
The Executive Director of the International Monetary Fund, Kristina Georgieva, said that the UAE is... Read more
Gulf Markets
GFH's profits in 2022 exceed $90 million...and 6% is distributed in cash
GFH Financial Group announced its financial results for the past year and the fourth quarter of the... Read more
World Markets
Technical problems crashing tweets with "Twitter"
Twitter, the social networking site, encountered technical problems that prevented some users from t... Read more
Gulf Markets
SABB Bank increases its annual profits by 52%
The Saudi British Bank (SABB) achieved an increase in its annual profits by 52.1%, to reach 4.872 bi... Read more
Crypto currencies
Report: Dubai is the second largest cryptocurrency hub in the world
Dubai is the second largest cryptocurrency hub in the world, behind London, which topped the list, a... Read more
UAE Markets
3.1 billion dirhams, “Aldar Properties” profits in 2022, an increase of 35%
The Emirati real estate company, Aldar Properties, announced recording record profits in 2022 with s... Read more
UAE Markets
Emirates Islamic is the first bank in the country to issue sukuk denominated in dirhams
Emirates Islamic Bank, the Islamic banking arm of the Emirates NBD Group, announced the successful p... Read more
UAE Markets
Dana Gas profits will drop 42% in 2022
The UAE company Dana Gas recorded a 42% decrease in its net profit, to reach 667 million dirhams ($1... Read more
Crypto currencies
The Federal Reserve Chairman's remarks jumped with "Bitcoin" above $23,000
The Bitcoin cryptocurrency recorded a rise above the $23,000 level, driven by the statements of the... Read more
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