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
Gulf Markets
SMASCO shares rise by more than 24%, leading the gains of the Saudi market
Saudi Manpower Solutions Company (SMASCO) achieved strong gains yesterday, Wednesday, in its first t... Read more
World Markets
Moscow Stock Exchange suspends dollar and euro trading due to new US sanctions
Russia's main exchange said it had suspended trading in the U.S. dollar and euro after President... Read more
World Markets
The Federal Reserve pushes gold down.. Bets on changing the scene
Gold prices fell significantly during trading on Thursday, after traders assessed Federal Reserve of... Read more
World Markets
Oil falls after sudden increase in inventory
Oil prices fell in Asian trading on Thursday after official data showed a surprise increase in U.S.... Read more
UAE Markets
UAE banks’ assets grow 1.3% to AED 4.2 trillion by end of March 2024
Total assets of banks in the UAE increased by 1.3 percent, equivalent to 56 billion dirhams, by the... Read more
World Markets
Apple shares gain more than $200 billion in one day.. and historical levels for General Motors shares
Nasdaq Composite Index Closes Above 17,300 Points for First Time in History US indices closed mixed... Read more
World Markets
Tesla Shareholders File New Lawsuit Against Elon Musk
Tesla shareholders on Tuesday filed a lawsuit against the electric carmaker's founder and CEO, E... Read more
Gulf Markets
Amin Nasser: Aramco's secondary offering further enhances the liquidity of the company's shares
Amin Nasser, CEO and Chief Executive Officer of Saudi Aramco, said that the secondary offering of th... Read more
World Markets
Meta's 450% surge could prompt it to split its stock into multiple units
The number of companies doing stock splits is on the rise this year, prompting Wall Street to look f... Read more
World Markets
Oil prices hold gains amid signs of falling US inventories
Oil prices held onto two days of gains after industry data pointed to a decline in U.S. crude invent... Read more
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