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
US unemployment claims data released... and market activity
Economic data released on Thursday showed that initial applications for unemployment benefits in the... Read more
World Markets
The dollar is near its lowest level in seven weeks, awaiting employment data.
Major currencies were steady within narrow ranges on Thursday, while the U.S. dollar remained near s... Read more
Gulf Markets
Arab markets closed in the red on Thursday
UAE market closure UAE indices showed mixed performance at the close of trading on Thursday, with th... Read more
World Markets
Oil prices fluctuate amid anticipation of an agreement that would restore some flows through the Strait of Hormuz.
Oil prices fluctuated between slight gains and losses, as traders awaited news of an agreement betwe... Read more
World Markets
Gold prices jump to near $4,300 as bets on a US interest rate hike recede.
Gold continued its biggest gains in six months, after signs of progress toward resuming shipping thr... Read more
World Markets
Bitcoin rises above $64,000 amid anticipation of the Hormuz Agreement.
Bitcoin prices rose during Wednesday's trading, continuing their limited recovery as investors&#... Read more
World Markets
The yen resumes its gains under the watchful eyes of monetary authorities in Japan and the United States.
The Japanese yen rose in Asian trading on Wednesday against a basket of major and minor currencies,... Read more
World Markets
The dollar is stable as the world awaits US jobs data.
The dollar was flat against most major currencies during trading on Wednesday, as the market monitor... Read more
UAE Markets
ADNOC Distribution's profits exceed expectations, growing by 58% in the first half.
Return to shareholders of ADNOC Distribution jumped 94.2% to more than AED 1.3 billion during the se... Read more
Gulf Markets
Aramco is well-positioned to benefit from the strong oil demand expected after the crisis.
Saudi Aramco expects to take advantage of the anticipated additional demand for oil to build up stoc... Read more
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