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
Ending the government shutdown revives risk appetite… Bitcoin rebounds from its lows and eases losses in the cryptocurrency market
The cryptocurrency market breathed a sigh of relief during trading on February 4, following US Presi... Read more
UAE Markets
UAE's ADNOC plans to issue yuan-denominated bonds worth up to $2 billion
Abu Dhabi National Oil Company (ADNOC), the UAE’s largest oil producer, plans to issue its first bon... Read more
Gulf Markets
Arab stock market indices showed mixed performance at the start of Wednesday's trading session.
Opening of the Saudi market The Saudi market opened mixed on Wednesday, with the Tadawul All Share I... Read more
World Markets
Nvidia chip sales to China remain halted despite Trump's approval... What is the reason?
Sales of Nvidia's H200 artificial intelligence chips to China remain halted, nearly two months a... Read more
World Markets
European indices mixed; Novo Nordisk shares plunge 18% after gloomy forecasts
European stocks were mixed on Wednesday as a range of corporate earnings reports were released acros... Read more
World Markets
The crypto market bleeds half a trillion dollars... Bitcoin leads the biggest sell-off in months
The cryptocurrency market lost nearly half a trillion dollars in less than a week, as a sell-off led... Read more
World Markets
Oil prices continue to rise following escalating tensions between Washington and Tehran and a decline in US inventories.
Oil prices rose for the second day in a row, as geopolitical tensions resurfaced following the downi... Read more
World Markets
Panic drives gold prices above $5,000 - will the rally continue?
Gold prices have climbed back above $5,000 an ounce in both spot and futures trading. At 8:51 AM Sau... Read more
UAE Markets
ADNOC Distribution's annual profits grow by 15%, and a cash dividend recommendation is issued for the second half of 2025.
ADNOC Distribution, listed on the Abu Dhabi Financial Market, saw its net profit rise by 15.4% to $7... Read more
World Markets
Musk expands his terrestrial and space ambitions after merging SpaceX and xAI
Elon Musk's SpaceX has acquired xAI, in a deal that embodies the billionaire's increasingly... Read more
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