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
Infographic: The five Arab countries most dependent on renewable energy
Egypt's consumption of renewable energy amounted to 2.7% of the country's total energy consu... Read more
World Markets
Gold falls and the dollar rises
The dollar rebounded and gold prices fell on Monday, amid expectations that the Federal Reserve will... Read more
World Markets
China's central bank unexpectedly cuts key interest rate
China's central bank unexpectedly cut a key interest rate for the second time this year and pull... Read more
World Markets
Damaged rice production in India threatens global trade
India's rice production could be hit this year, as poor rains in key growing regions slash plant... Read more
World Markets
Meta raises $10 billion in its first bond offering
Facebook owner Meta Platforms on Tuesday raised $10 billion in its first-ever bond offering as it lo... Read more
World Markets
Hong Kong Stock Exchange approves listing and trading of Alibaba shares
The Hong Kong Stock Exchange has agreed to list shares of Chinese e-commerce company Alibaba, paving... Read more
World Markets
Musk sells $6.9 billion in Tesla shares
On Tuesday, Elon Musk sold $6.9 billion of Tesla shares, according to published regulatory filings,... Read more
World Markets
The German economy is expected to lose 260 billion euros due to the Ukraine war
Projections by the IAB Employment Research Institute have stated that the German economy may lose mo... Read more
World Markets
SoftBank lost $23.4 billion in the second quarter
SoftBank Group incurred a net loss of 3.16 trillion yen (23.4 billion US dollars) in the second quar... Read more
World Markets
Gold slips after US interest rate hike prospects increase
Gold prices fell, after strong US jobs data last week boosted the possibility of the US central bank... Read more
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