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
Saudi STC profits down 5.3% in Q3
Saudi Telecom Company (STC) profits fell 5.3% to 4.6 billion riyals in the third quarter of 2024. Ac... Read more
World Markets
Japanese yen surges to two-week high as doubts grow over Donald Trump win
The Japanese yen rose in the Asian market on Monday to a two-week high against the US dollar, moving... Read more
World Markets
US stock futures fall as Wall Street braces for presidential election
U.S. stock futures fell overnight Sunday as investors prepared for Tuesday's U.S. presidential e... Read more
World Markets
Oil prices rise after OPEC+ postpones production increase
Oil prices rose after the OPEC+ alliance agreed to postpone a planned December production increase b... Read more
World Markets
Gold holds steady ahead of US elections, expected rate cut
Gold prices steadied in early trading on Monday, as investors prepared for a crucial week for the gl... Read more
Gulf Markets
Qatar Bank: The European Central Bank will cut interest rates by 150 basis points by mid-2025
QNB expects the European Central Bank to cut interest rates by 150 basis points by mid-2025, bringin... Read more
World Markets
US stocks post weekly losses days before election
Wall Street's main indexes rose at the close on Friday, recovering from a sell-off in the previo... Read more
Gulf Markets
Saudi sovereign fund takes control of MBC for $2 billion
Sustainability Holding Company will sell its entire stake in MBC Group to Saudi Arabia’s Public Inve... Read more
World Markets
Oil loses more than 3% in a week as US production increases
Oil prices rose on Friday after reports that Iran was preparing to launch a strike from Iraq in reta... Read more
World Markets
Gold shines as US election heats up, uncertainty grows
Gold prices have seen a significant rise as demand for safe-haven assets increases, coinciding with... Read more
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