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
Crypto currencies
Bitcoin crosses the $21,000 mark
After a long series of losses, digital currencies consolidated their gains, as Bitcoin breached the... Read more
UAE Markets
Infographic: Inflation in Dubai since the beginning of 2022
Based on the data of the Dubai Statistics Center for the inflation rate in the Emirate of Dubai for... Read more
UAE Markets
Egypt's "Nasr City" for Housing rejects the UAE's "SODIC" takeover offer
The board of directors of the Egyptian Madinet Nasr Housing and Development Company rejected the acq... Read more
Crypto currencies
US “Securities” fines the accomplice in the initial coin offering
The US Securities and Exchange Commission (SEC) has obtained the final verdict for an ICO promotion... Read more
UAE Markets
Capital Intelligence affirms the UAE's rating at "AA-", with a stable outlook
Capital Intelligence Ratings affirmed the long-term sovereign rating of foreign and local currencies... Read more
Gulf Markets
Almarai profits rise 8% in the second quarter of 2022
The preliminary financial results of Almarai Company showed an increase in its net profit by 7.96%... Read more
World Markets
Moody's: There is hope for the US economy to escape recession
Moody's chief economist Mark Zandi said he had not seen much of People are convinced that a recessio... Read more
World Markets
Musk asks for Twitter case to be postponed next year
Elon Musk's lawyers have said that Twitter is pressing for an unreasonably fast trial, over allegat... Read more
Crypto currencies
Celsius Cryptocurrency Declares Bankruptcy
Crypto-lending company Celsius Network has filed for bankruptcy, catching up with Voyager Digital an... Read more
Crypto currencies
The digital yuan exceeds 12 billion dollars in 5 months
The turnover of the Chinese digital currency (the digital renminbi) reached 83 billion yuan (about 1... Read more
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