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
The Kuwaiti budget records a deficit of one billion dinars in 3 months
The Kuwaiti Ministry of Finance announced that it had registered a budget deficit during the fir... Read more
Gulf Markets
Aramco issues medium-term dollar bonds
Saudi Aramco intends to issue international bonds under its Global Medium Term Note Program.... Read more
UAE Markets
Emirates Airlines expects to return to profit within a year and a half
Emirates Airlines expects to return to profitability in the next two years, with the opening of... Read more
UAE Markets
Drake & Scull's losses are down 81% in the third quarter
Drake & Scull cut its quarterly losses by 81% to 70 million dirhams in the third quarter of 2020... Read more
UAE Markets
Gulf Navigation reduced its losses in the third quarter
Gulf Navigation reduced its losses in the third quarter by 40%, to reach 11 million dirhams.... Read more
World Markets
Infographic: The World's Five Biggest IPOs
The IPO of Ant Financial, a financial services group founded by Chinese billionaire Jack Ma, the wo... Read more
Gulf Markets
Inflation in Saudi Arabia increased by 5.8% in October
The Consumer Price Index (inflation rate) in Saudi Arabia increased by 5.8% last October, compar... Read more
UAE Markets
Dubai Islamic issues a billion dollar sukuk
Dubai Islamic Bank has successfully issued standard permanent sukuk for tier 1 additional capita... Read more
UAE Markets
The UAE's non-oil trade achieves 658 billion dirhams in 6 months
The value of the UAE's non-oil trade amounted to approximately 658.33 billion dirhams in the fir... Read more
Crypto currencies
CEO: Binance traders are finding "smart" ways to circumvent the US ban
Binance founder and CEO Zhang Ping Zhao, or CZH, said he needs to do more to prevent intelligent Am... Read more
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