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
Completion of the consolidation of the business of "Arkan" and "Emirates Steel"
Arkan Building Materials Company has completed all legal aspects of its business consolidation de... Read more
Gulf Markets
Investcorp acquires US real estate for $380 million
Middle East private equity firm Investcorp acquired 89 industrial properties in the United States on... Read more
World Markets
Twitter sells advertising platform Mobob
Twitter has sold mobile ad company MoPub to AppLovin Corp. for $1.05 billion in cash. Accordi... Read more
World Markets
Chinese tech stocks are rising again
Chinese technology shares rebounded from a record low, during trading on Thursday, following the... Read more
Crypto currencies
Bitcoin crosses $55,000 again in one day
Cryptocurrency Bitcoin jumped yesterday, Wednesday, to exceed $55,000 and reach its highest level s... Read more
Gulf Markets
Aramco is close to being the world's largest company by market value
Saudi Aramco is close to taking the throne of the world's largest company by market value, and disp... Read more
World Markets
Eurozone sees reluctance in retail sales in August
Eurozone retail sales missed expectations in August as consumers cut back on food, beverage and toba... Read more
UAE Markets
Damac accepts Maple Invest's takeover offer
DAMAC Properties has agreed to the offer made by Maple Invest Co. Ltd. to acquire the entire issued... Read more
UAE Markets
Abu Dhabi market best in the world in 2021
The Abu Dhabi Securities Exchange recorded the best performance at the global level since the begin... Read more
Gulf Markets
Five companies compete to buy a stake in Aramco's gas pipelines
Five companies have submitted first-round bids for a potential multi-billion dollar stake in Saudi... Read more
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