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
Bitcoin falls more than $2,600 in Saturday trading after recession fears
Bitcoin continued its decline during Saturday's trading, August 3, after turning around during F... Read more
Gulf Markets
ACWA Power makes a profit of 630.62 million riyals in the second quarter of 2024
ACWA Power's preliminary financial results revealed that its net profits increased by 52.17% yea... Read more
Gulf Markets
Cooperative's profits jump to 450 million riyals in the second quarter of 2024 due to a decrease in claims
The Cooperative Insurance Company’s profits jumped by 87.03% in the second quarter of 2024, compared... Read more
World Markets
Dollar falls, yen rises after interest rate decisions
The U.S. dollar fell against the yen and major currencies on Thursday after the Federal Reserve open... Read more
UAE Markets
56,000 new investor accounts in Dubai Stock Exchange in 7 months... with 85% growth
Brokerage firms in the Dubai Financial Market added 56,345 new investor accounts during the first se... Read more
Gulf Markets
"TASI" rises during July at the highest rate since February 2024.. with market gains of 77 billion riyals
The Saudi stock market witnessed a remarkable rise during July 2024, continuing its gains for the se... Read more
World Markets
Oil prices continue to rise amid reports of an Iranian retaliatory strike
Oil prices rose after rising on Wednesday after reports that Iran's leader ordered a retaliatory... Read more
World Markets
Jerome Powell: September rate cut 'on the table'
US Federal Reserve Chairman Jerome Powell said that a rate cut by the Fed could be on the table as e... Read more
World Markets
Gold climbs to two-week high as Fed hints at rate cut
Gold prices rose to a two-week high on Thursday after U.S. Federal Reserve Chairman Jerome Powell op... Read more
World Markets
Meta's Quarterly Earnings Beat Expectations Thanks to AI
Meta saw a big jump in profits in the spring, helped by online advertising, reassuring investors who... Read more
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