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
UAE Markets
Completing a deal for Al Alamiah Holding worth 7.3 billion dirhams
The International Holding Company completed today, Tuesday, an investment deal worth 7.3 billion dir... Read more
Crypto currencies
Terra Luna founder proposes splitting the net to save the ecosystem
Doo Kwon, co-founder of the troubled blockchain firm Terra Luna, has announced a revised plan to res... Read more
World Markets
Sri Lankan Prime Minister: Oil stocks in the country are enough for one day
The Prime Minister of Sri Lanka, located in the Asian continent and suffering a severe economic cris... Read more
World Markets
The United States provides $40 billion in aid to Ukraine
The US Senate on Monday approved an additional $40 billion in aid to Ukraine; for its support in the... Read more
World Markets
Gold falls to its lowest level since January
Gold prices witnessed on Monday, a decline of more than 1% to its lowest level since late January, w... Read more
Gulf Markets
Taiba Investments earns 20.35 million riyals in the first quarter
Tiba Investment Company made a net profit in the first quarter of this year of about 20.35 million r... Read more
Gulf Markets
Tawuniya Insurance’s profits fell 66% in the first quarter
The Cooperative Insurance Company recorded a 66% decrease in profits to reach 20 million riyals at t... Read more
World Markets
Profit taking brings down oil prices
Oil prices fell today, Monday, giving up previous gains, as investors booked profits after prices ro... Read more
World Markets
China expects economy to improve in May
China's Statistics Bureau said on Monday that it expects the Chinese economy to improve in May and t... Read more
Gulf Markets
57.5 billion riyals Saudi budget surplus in the first quarter
The Kingdom of Saudi Arabia's budget achieved a surplus of 57.5 billion riyals during the first quar... Read more
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