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
Dollar steady amid renewed hopes for imminent rate cut
The dollar was broadly steady on Monday, May 6, after a report showed slowing U.S. job growth and bo... Read more
World Markets
Gold turns higher as US economic data confuses markets
Gold prices rose globally during these moments of trading, today, Monday, after mixed signals from e... Read more
World Markets
Oil rises after weekly decline as Saudi Arabia raises prices
Oil prices rose after a weekly decline, as Saudi Arabia raised the prices of its crude to Asia for t... Read more
World Markets
Moderate jobs data drives US stocks higher
U.S. stock indexes posted their strongest gains since February as slowing U.S. job growth sent bond... Read more
World Markets
Yellow metal declines for the second week in a row
Gold prices fell over the past week, after approaching a one-month low on Friday, despite weaker-tha... Read more
Gulf Markets
Saudi Tadawul profits up 122% in Q1 2024
Saudi Tadawul's net profits rose by 121.9% in the first quarter of this year. According to data... Read more
UAE Markets
UAE: New gas field discovered in Sharjah with "promising quantities"
The Sharjah Oil Council announced a new gas discovery in the Hudaybah field, located north of the Sa... Read more
World Markets
The Fed's Next Move After Friday's Employment Data
Employment data on Friday showed the U.S. economy created fewer jobs than expected in April, raising... Read more
Gulf Markets
Aramco, Sonatrach cut LPG selling price in May
Saudi Aramco and Algeria's Sonatrach have cut their official selling prices for liquefied petrol... Read more
World Markets
Yen retreats after sharp gains that traders attributed to authorities' intervention
The yen fell against the dollar in early trading on Thursday, reversing course after a surprise rise... Read more
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