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
A transfer error costs Citigroup $ 900 million
The American Citigroup Group is striving to recover about $ 900 million that was mistakenly tran... Read more
UAE Markets
Waha Capital invests AED 184 million in the "Despigar" platform
UAE-based Waha Capital announced a 184 million dirham investment in Despegar.com, the digital pl... Read more
Crypto currencies
$ 50 billion cryptocurrency smuggled from China
China saw more than $ 50 billion in cryptocurrencies exit from Chinese digital wallets to other... Read more
Gulf Markets
4.5 million riyals, Saudi "Allianz" losses in the first half
Allianz Saudi Fransi incurred losses of 4.5 million riyals during the 6-month period, compared t... Read more
Gulf Markets
Malath Insurance turns profitable in the second quarter
Saudi Malath Cooperative Insurance Company turned to profit during the second quarter of 2020 to... Read more
Gulf Markets
140 million riyals, Saudi "SAPTCO" losses in the second quarter
The losses of the Saudi Public Transport Company (SAPTCO) increased to 140.3 million riyals in t... Read more
Gulf Markets
Emaar the Economic City increases its losses by 93% in the second quarter
the losses of Emaar the Economic City in Saudi Arabia increased by 93% in the second quarter of... Read more
World Markets
US-European agreement to reduce customs duties
The United States of America and the European Union made a small agreement to reduce import tari... Read more
World Markets
Turkey discovers the largest natural gas field in its history
Turkish President Recep Tayyip Erdogan announced the discovery of the largest natural gas field,... Read more
World Markets
China pledges to protect the interests of its companies
The Chinese Ministry of Commerce announced that Beijing will take all necessary measures to prot... Read more
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