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
Nikkei sees worst daily performance since 1987, drops 12%
Japanese stocks followed the downward trend of global markets on Monday, as the selling wave... Read more
World Markets
Oil hovers at 8-month low on recession fears
Oil prices hovered at eight-month lows on Monday as fears of a U.S. recession outweighed concerns th... Read more
World Markets
European stocks fall to 6-month low
European stocks fell sharply at the start of Monday's session, as global volatility continued am... Read more
World Markets
Gold rises as expectations of US rate cut grow
Gold prices rose on Monday, supported by fears of a US economic recession and growing expectations t... Read more
World Markets
Bitcoin falls nearly 10% as investors shun riskier assets
Bitcoin fell during the session on Monday, August 5, by about 10% to levels of $53,000, in light of... Read more
World Markets
Yen at 6-month high as safe havens sought
The Japanese yen hit its highest level since mid-January against the dollar at the open in Asia on M... Read more
World Markets
Oil falls in a week to its lowest level in about 8 months
Oil prices ended last week with significant declines, recording their lowest levels since last Janua... Read more
World Markets
Warren Buffett sells about half of his stake in Apple.. Berkshire Hathaway's cash jumps to $277 billion
American billionaire Warren Buffett has cut about half of his stake in Apple through his company Ber... Read more
World Markets
US Fed faces sharp criticism as labor market slows amid recession fears
A sharper-than-expected drop in U.S. job growth in July has raised concerns that the Federal Reserve... Read more
World Markets
Goldman Sachs: Hedge Funds Bet on US Stocks Falling
Goldman Sachs revealed that global hedge funds continued to add bearish bets on stocks to their port... Read more
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