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
Musk sells $6.9 billion in Tesla shares
On Tuesday, Elon Musk sold $6.9 billion of Tesla shares, according to published regulatory filings,... Read more
World Markets
The German economy is expected to lose 260 billion euros due to the Ukraine war
Projections by the IAB Employment Research Institute have stated that the German economy may lose mo... Read more
World Markets
SoftBank lost $23.4 billion in the second quarter
SoftBank Group incurred a net loss of 3.16 trillion yen (23.4 billion US dollars) in the second quar... Read more
World Markets
Gold slips after US interest rate hike prospects increase
Gold prices fell, after strong US jobs data last week boosted the possibility of the US central bank... Read more
World Markets
OZ Minerals rejects a takeover offer from the world's largest mining company
The Australian company, OZ Minerals, rejected the takeover offer submitted by the BHP Group, the lar... Read more
World Markets
Berkshire Hathaway lost $43.8 billion in the second quarter
Berkshire Hathaway, run by billionaire Warren Buffett, lost $43.8 billion due to the decline in US s... Read more
World Markets
China's foreign exchange reserves rise to $3.104 trillion
Official data showed that China's foreign exchange reserves rose unexpectedly in July. According to... Read more
World Markets
Official: The Fed is unlikely to cut interest rates next year
Minneapolis Federal Reserve Bank President Neil Kashkari said on Wednesday that the possibility of t... Read more
World Markets
US oil stocks rise 4.5 million barrels in a week
US oil inventories rose against expectations last week, while gasoline inventories rose. Data from t... Read more
World Markets
Robinhood plans to lay off 23% of employees after recording losses in the second quarter
Online brokerage Robinhood plans to lay off nearly a quarter of its staff, citing the continued dete... Read more
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