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 Saudi market continues its strong decline...lowest level in 3 months
Saudi stocks fell sharply at the end of trading yesterday, Sunday, as the TASI index fell 1.21% to r... Read more
World Markets
Gold faces many influencing factors.. Will it hit a new peak and reach $2,450?
Gold prices have been on a sharp decline this week after hitting an all-time high on Monday, falling... Read more
World Markets
Oil prices near 3-month low amid OPEC+ meeting awaiting
Oil prices steadied after their biggest weekly loss in four, with focus on Sunday's OPEC+ meetin... Read more
UAE Markets
Abu Dhabi bans cryptocurrency mining on farms
Abu Dhabi Agriculture and Food Safety Authority has banned cryptocurrency mining on farms. This regu... Read more
World Markets
Oil prices continue to fall for a fourth week amid interest rate concerns
Oil prices rose about 1 percent on Friday, but posted a weekly loss on concerns that strong U.S. eco... Read more
World Markets
Moody's upgrades Emirates NBD's deposit rating
Moody's has affirmed Emirates NBD's long-term deposit and senior unsecured ratings at A2, an... Read more
Crypto currencies
Cryptocurrencies Rise, Bitcoin Surpasses $69,000
Digital currencies rose during electronic trading today, Saturday, after Bitcoin funds witnessed a n... Read more
Gulf Markets
Budget Saudi shareholders approve cash dividend distribution, elect board of directors for 4 years
The Extraordinary General Assembly of Shareholders of United International Transportation Company (B... Read more
World Markets
Analysts: The Federal Reserve will likely not implement any interest rate cut this summer
The chances of the US Federal Reserve not cutting interest rates this summer are increasing, amid a... Read more
World Markets
Nasdaq extends weekly gains, closes at record high
U.S. stocks rebounded on Friday after sharp losses in the previous session, helped by news that cons... Read more
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