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
UAE Markets
Dubai market is closed on Wednesday and Thursday
The Dubai Financial Market announced the official suspension of its business on the next Wednesday a... Read more
World Markets
Oil prices rise after absorbing the shock of "Omicron"
International oil prices rose during Monday's trading, after absorbing the shock of the new mutated... Read more
Gulf Markets
$1.4 billion foreign investment in Saudi Arabia in the second quarter
The Saudi Ministry of Investment said on Sunday that the volume of foreign direct investment inflow... Read more
Gulf Markets
Abdullah Al-Hamid: The losses of the Saudi market are a result of the control of individual investors
Abdullah Al-Hamid, head of advisory at GIB Capital Abdullah Al-Hamid, said that the Saudi stock mar... Read more
UAE Markets
Maple Invest Co Ltd buys 944 million shares in DAMAC
Emirati businessman Hussain Sajwani, owner of Maple Invest Co Ltd., acquired 943.94 million shares... Read more
Gulf Markets
"Saudi Pipes" wins contracts with Uruguay worth 52.4 million riyals
Saudi Pipes Company has won contracts to supply steel pipes for oil and gas to Tenars Global Servic... Read more
Gulf Markets
Cisco acquires Elite Group
The Saudi Industrial Services Company, Cisco, through one of its subsidiaries, the Saudi Company for... Read more
World Markets
Warnings of the global spread of the "Omicron" mutant
During an interview with NBC, America's infectious disease expert, Dr. Anthony Fauci, warned that t... Read more
Gulf Markets
Foreign index funds increase their holdings of Saudi stocks by 7.7% during the third quarter
Foreign index funds increased their holdings of Saudi stocks during the third quarter of this year b... Read more
Crypto currencies
Tanzania plans to launch a central bank digital currency
The Central Bank of Tanzania plans to launch a new bank digital currency (CBDC), in conjunction with... Read more
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