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
Gulf markets opened mixed on Thursday
Opening of the Egyptian market Egyptian stock indices saw gains across the board at the start of tra... Read more
World Markets
The euro is near a four-month low due to the energy crisis.
The euro fell in the European market on Thursday against a basket of global currencies, resuming its... Read more
World Markets
Gold prices rise due to conflict in the Middle East and a weak US dollar.
Gold prices rose in Asian trading on Thursday as escalating conflict in the Middle East drove invest... Read more
World Markets
Oil nears $84 amid near-total closure of the Strait of Hormuz
Oil prices extended their gains as traders assessed the growing fallout from the US-Israeli war on I... Read more
World Markets
US futures rise amid reports of covert Iranian efforts
The conflict in the Middle East escalated on Wednesday, as the United States continued its ongoing a... Read more
UAE Markets
Optimism surrounds UAE bank stocks despite Middle East conflict
Cantor Fitzgerald recommended buying shares in UAE banks despite the regional conflict threatening t... Read more
World Markets
The dollar remained stable at high levels, supported by safe-haven demand.
The US dollar held steady at high levels on Wednesday, amid concerns that energy prices will continu... Read more
World Markets
JPMorgan warns of a scenario involving reduced oil production following the closure of the Strait of Hormuz.
Analysts at JPMorgan said in a note that crude oil supplies from Iraq and Kuwait could start to shut... Read more
World Markets
Asian stocks plunge as fears of war with Iran escalate
Asian stocks fell at their fastest pace in nearly a year, led by the biggest collapse in South Korea... Read more
World Markets
Brent crude rises to $83 amid Middle East supply disruptions
Oil prices rose during trading on Wednesday, March 4, as the US-Israeli war on Iran disrupted produc... Read more
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