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 comes out contrary to expectations
US data released on Thursday showed initial unemployment claims rose to 209,000, compared to 200,000... Read more
World Markets
A surge in inventories and demand concerns sent oil prices down by more than 1.5% despite tensions in the Strait of Hormuz.
Oil prices fell on Thursday, pressured by a large jump in US crude inventories and growing concerns... Read more
World Markets
The dollar held steady after subdued inflation data reduced bets on an interest rate hike.
The dollar moved in a narrow range during trading on Thursday, after a subdued overall reading of US... Read more
World Markets
European stocks rise slightly as crude oil prices fall
European shares rose slightly on Thursday, as falling oil prices shifted investors' focus to con... Read more
World Markets
Gold relinquishes 10-week high due to profit-taking
Gold prices in the European market declined on Thursday, giving up their highest levels in ten weeks... Read more
World Markets
Inflation data supports Bitcoin, but the currency is unable to surpass $65,000.
Bitcoin held steady below $64,000 on Thursday as investors assessed a U.S. inflation report that cam... Read more
World Markets
US inflation data released... and strong market movement
US consumer prices rose slightly in July, a reading that could weaken the case for the Federal Reser... Read more
World Markets
After the 2026 downturn, OPEC is betting on a surge in oil demand next year.
The Organization of the Petroleum Exporting Countries (OPEC) raised its forecast for global oil dema... Read more
World Markets
Silver could rise to $90 an ounce as investment demand grows
In a note to its clients on Wednesday, Citi analysts reaffirmed their bullish outlook for silver pri... Read more
World Markets
Declining risk appetite puts pressure on Bitcoin... and all eyes turn to inflation data.
Bitcoin moved little on Wednesday, amid waning optimism about a US-Iran deal to reopen the Strait of... Read more
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