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
US sanctions hit China and Iranian oil networks ahead of Trump-Xi Jinping summit
The administration of US President Donald Trump announced a broad package of economic sanctions targ... Read more
World Markets
The dollar strengthens its dominance in global trade amid Iran war turmoil.
The ongoing conflict in the Middle East is reinforcing the dominant role of the US dollar in global... Read more
World Markets
Bitcoin surpasses $78,000: A battle of titans intensifies between Strategy& and BlackRock
Bitcoin's price just broke through the $78,000 mark as the institutional arms race for BTC domin... Read more
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
Tesla's quarterly revenue and profits rise as deliveries recover
Electric carmaker Tesla reported on Wednesday that its revenue and profits rose in the last quarter... Read more
World Markets
European stocks dipped slightly as tensions in the Strait of Hormuz persisted.
European stock markets mostly declined on Thursday, as investors noted continued tensions around the... Read more
World Markets
Gold falls below $4,700 as the dollar and oil rise.
The price of gold fell as the extension of the US ceasefire with Iran left markets facing the fallou... Read more
UAE Markets
First Abu Dhabi Bank reports better-than-expected performance in the first quarter
First Abu Dhabi Bank (FAB) reported net profits of AED 5.01 billion ($1.36 billion) for the first qu... Read more
World Markets
Oil prices continue to rise as tensions escalate over the Strait of Hormuz.
Oil prices rose for a fourth day, amid continued tensions between the United States and Iran over th... Read more
World Markets
JPMorgan maintains its negative outlook on the Japanese yen.
JPMorgan Chase maintained its negative outlook on the Japanese yen in the medium and long term, amid... Read more
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