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
Softbank sells Arm Holdings for $ 40 billion
Nvidia announced that it will buy British chip design company Arm Holdings Inc. from SoftBank Gr... Read more
UAE Markets
Emirati "Tabreed" plans to issue bonds or sukuk worth one billion dollars
The National Central Cooling Company (Tabreed) intends to issue bonds or sukuk worth up to one b... Read more
Gulf Markets
Dallah Health Company increases its capital to 150 million riyals
the extraordinary general assembly of Dallah Health Services approved the recommendation of the... Read more
UAE Markets
Completion of offering a stake of "ADNOC Distribution" worth 3.7 billion dirhams
The Abu Dhabi National Oil Company, ADNOC, has successfully completed the private placement of 1... Read more
Gulf Markets
MIS signs a financing facility agreement with the National Bank of Kuwait
Al Moammar Information Systems (MIS) announced the signing of an agreement to amend and renew finan... Read more
World Markets
Expectations of a historic decline in demand for fossil fuels due to the Corona pandemic
BP Oil & Gas says consumption of fossil fuels is expected to decline for the first time in contempo... Read more
UAE Markets
21.3 million dirhams, the value of the accumulated losses of "UNIKAI" at the end of the first half
Unikai Foods said that the accumulated losses are estimated at 21.3 million dirhams, which constitu... Read more
Crypto currencies
A new group formed in Switzerland to boost research and support blockchain companies
A new group has been formed seeking to promote research and support blockchain companies, with the... Read more
Gulf Markets
84 - 96 SAR price range for "Bin Dawood" share
Saudi Bin Dawood Holding Company set the price range for its prospective offering between 84 and... Read more
World Markets
Infographic: Smartphone sales in the second quarter of 2020
Smartphone sales declined during the second quarter of this year, with total sales declining by mor... Read more
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