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
Lufthansa continues to reduce fleet and jobs
German airline Lufthansa is heading to further reduce its fleet and workforce in light of the de... Read more
World Markets
Russia's currency falls to its lowest level in 4 years against the euro
The Russian ruble fell during today's trading to its lowest level in more than four years agains... Read more
UAE Markets
53.2 billion dirhams individuals traded in the Dubai market since the beginning of the year
Individuals' transactions in the Dubai Financial Market recorded 53.2 billion dirhams both buyin... Read more
World Markets
Suspicious banking operations of $ 2 trillion over two decades
leaked documents from the Financial Crime Agency at the US Treasury Department revealed suspicio... Read more
World Markets
China keeps lending rate at 3.85%
The People's Bank of China (the central bank) kept the key lending rate steady at 3.85% for the... Read more
World Markets
An American billionaire sells his property due to Corona
US billionaire Ronald Perlman suddenly started selling all his valuable possessions due to a sev... Read more
World Markets
Shell plans to cut production costs by 40%
Royal Dutch Shell plans to reduce the cost of oil and gas production by up to 40% in an effort t... Read more
Crypto currencies
The world's largest sovereign wealth fund owns nearly 600 bitcoins
The Norwegian Government Pension Fund, also known as the Oil Fund, holds more than $ 1 trillion in... Read more
Gulf Markets
Kuwait’s foreign exchange reserves rose 3.8% in August
Kuwait's cash reserve recorded its highest historical level at the end of last August, after rising... Read more
UAE Markets
UAE's "Shuaa" issues $ 150 million in bonds
Emirati Board of Directors of Shuaa Capital approved the issuance of bonds worth $ 150 million or i... Read more
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