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
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
Gold falls as the dollar stabilizes near its highest level in 20 years
Gold fell on Monday, with the dollar's price stabilizing nea.. Read more
Economic News
Gulf Markets
The Saudi budget achieved its first fiscal surplus since 2013
The Kingdom of Saudi Arabia’s budget for the year 2022 recorded a financial surplus of 102 billion r... Read more
Gulf Markets
Next Monday... the start of trading "Americana" in Saudi Arabia and the UAE
Next Monday, corresponding to December 12, will witness the listing and start of trading in the shar... Read more
World Markets
The European technology industry will lose $400 billion in 2022
The losses of the European technology industry in terms of market value amounted to more than $ 400... Read more
UAE Markets
"Holding" and "Aldar" plan to acquire "GEMS Education"
A consortium comprising ADQ Holdings and Aldar Properties has appointed advisors to a bid for the Du... Read more
World Markets
China eases Corona restrictions
China announced the easing of restrictions and precautionary measures related to the Corona virus on... Read more
Crypto currencies
Seib Bank and HashKey partner to accelerate institutional adoption of digital assets
Cryptocurrency-focused company Seibbank said it has formed a partnership with financial services fir... Read more
Gulf Markets
Almarai invests 1.2 billion riyals in developing production facilities
The Saudi Almarai Company announced an investment of about 1.2 billion riyals in Sakaka Governorate... Read more
UAE Markets
ADNOC awards an oil exploration concession to Malaysia's Petronas
The Abu Dhabi National Oil Company (ADNOC) announced the signing of the first concession to explore... Read more
World Markets
Russia refuses to impose a ceiling on the price of oil
Russia intends to reject the Western decision to impose a ceiling on the price of Russian oil. Accor... Read more
World Markets
Expectations of Brent oil reaching $110 in 2023
A Bank of America report predicted that the price of Brent crude oil would rise to $110 a barrel in... Read more
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