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
OPEC+ expects healthy growth for the global economy despite inflation
The Organization of the Petroleum Exporting Countries (OPEC) and its allies in OPEC+ expect the glob... Read more
World Markets
For the first time.. The Bank of Israel sells foreign exchange to support the shekel
The Central Bank of Israel said on Tuesday that it sold $8.2 billion in foreign exchange in October,... Read more
World Markets
Oil is at its lowest level in 3 months amid increasing indicators of falling demand
Oil prices remained at their lowest levels in 3 months, after an expected decline in gasoline consum... Read more
World Markets
Statements by the Federal Reserve push the dollar higher... and the Australian dollar declines after the interest rate announcement
The US dollar rose in early European trade on Tuesday, rebounding from recent lows, while the Austra... Read more
World Markets
Gold is at its lowest level in a week...and Powell's statements may exacerbate its losses
Gold prices fell during these moments of trading, today, Tuesday, to the lowest level in almost a we... Read more
World Markets
Oil is declining as markets await Chinese data to measure the volume of demand
Oil prices fell on Tuesday, giving up most of the previous day's gains, on concerns about weak d... Read more
UAE Markets
The UAE's Vertiglob distributes $275 million in profits for the first half of 2023
Vertiglob Company announced that its Board of Directors approved the distribution of cash dividends... Read more
Gulf Markets
639 million riyals, net foreign purchases of Saudi stocks within a week
Foreign and Gulf investors recorded net purchases during their dealings in the Saudi stock market, T... Read more
Gulf Markets
Saudi Aramco’s profits declined by about 23% in the third quarter of 2023 to 122 billion riyals
Saudi Aramco's profits in the third quarter of 2023 declined by about 23% to levels of 122.2 bil... Read more
UAE Markets
Abu Dhabi Islamic seeks to issue green dollar sukuk for a period of 5 years
Abu Dhabi Islamic Bank intends to issue unsecured green sukuks denominated in US dollars under the u... Read more
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