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
UAE Markets
ADNOC Distribution's annual profits grow by 15%, and a cash dividend recommendation is issued for the second half of 2025.
ADNOC Distribution, listed on the Abu Dhabi Financial Market, saw its net profit rise by 15.4% to $7... Read more
World Markets
Musk expands his terrestrial and space ambitions after merging SpaceX and xAI
Elon Musk's SpaceX has acquired xAI, in a deal that embodies the billionaire's increasingly... Read more
World Markets
The dollar holds onto most of its gains; the euro is stable ahead of the European Central Bank meeting.
The US dollar dipped slightly on Tuesday, but still retained most of its recent large gains due to c... Read more
World Markets
Oil prices fell as tensions with Iran eased and traders assessed an Indian trade deal.
Oil prices fell for a third session as geopolitical risks eased and traders sought more clarity on a... Read more
Gulf Markets
Arab stock markets opened green on Tuesday
Opening of the Saudi market The Saudi market opened mixed on Tuesday, with the Tadawul All Share Ind... Read more
World Markets
European stocks rise as Publicis' metals sell-off ends in the spotlight
European stocks rose slightly on Tuesday, supported by a strong close on Wall Street overnight as th... Read more
World Markets
Bitcoin rises above $78,000 after weekend crash; Federal Reserve concerns persist.
Bitcoin rebounded from near 10-month lows on Tuesday but remained under pressure below $80,000, foll... Read more
World Markets
Gold rebounds after historic plunge, supported by Chinese demand.
Gold prices rebounded, recovering some of their losses after a sudden collapse in a record-breaking... Read more
Gulf Markets
Arab stock markets showed mixed performance at the close of Monday's session.
Kuwait Stock Exchange Closed Kuwait Stock Exchange ends today's session mixed... the top index r... Read more
World Markets
The yen deepens its losses to a two-week low after Takaichi's comments
The dollar continues to rise against a basket of currencies. Kevin Warsh nominated to head the Feder... Read more
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