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
1.8 million riyals fine for 9 officials in the "paper industry"
The Appeal Committee for Securities Disputes in the Saudi stock market issued a decision against a n... Read more
Gulf Markets
"National Kuwait" increases its quarterly profits by 25%
The National Bank of Kuwait achieved a 25.5% increase in net profit for the fourth quarter of 2022,... Read more
World Markets
Lufthansa intends to acquire Italian airline ETA
German airline Lufthansa took a new step on its way to acquiring Italian airline ETA. According to A... Read more
Gulf Markets
Saudi "Amiantit" reduces its annual losses by 94.5%
Saudi Arabian Amiantit Company (Amiantit) reduced its annual losses by 94.55%, to reach about 8.78 m... Read more
World Markets
US GDP growth of 2.9% in the fourth quarter of 2022
The US economy recorded strong growth in the fourth quarter of 2022, with increased consumer spendin... Read more
World Markets
Tesla achieved better-than-expected quarterly results
Tesla electric car company was able to achieve better-than-expected profits in the fourth quarter of... Read more
UAE Markets
“First Abu Dhabi” increases its profits by 7% in 2022
The net profit of First Abu Dhabi Bank increased by 7% to reach 13.4 billion dirhams during the year... Read more
UAE Markets
A 94% jump in the quarterly profits of Emirates NBD
Emirates NBD Bank achieved a 40% jump in net profit in 2022, to reach 13 billion dirhams. According... Read more
World Markets
Elon Musk earns $11 billion in two days
American billionaire Elon Musk made profits close to $ 11 billion added to his fortune in just two d... Read more
UAE Markets
“Dubai Islamic” profits in 2022 are the highest historically
Dubai Islamic Bank achieved a 13% growth in profits for the fourth quarter of 2022, to reach 1.5 bil... Read more
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