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
China's central bank cuts short-term interest rate for first time in a year
The People's Bank of China cut its key short-term interest rate for the first time in nearly a y... Read more
World Markets
Oil rises after signs of imminent US interest rate cut
Oil prices rose in early trade on Monday as investors continued to watch for signs of a U.S. interes... Read more
World Markets
Gold prices rise as US election chaos escalates
Gold prices rose as markets assessed President Joe Biden's decision to withdraw from the preside... Read more
World Markets
Dollar falls as Biden withdraws from US presidential election
The dollar fell on Monday in initial reaction to US President Joe Biden's decision to withdraw f... Read more
World Markets
Bitcoin rebounds after Biden withdraws from US presidential race
The price of the most prominent cryptocurrency, Bitcoin, rose by more than $1,900 per unit to $68.1... Read more
World Markets
Oil falls about 3% at settlement, achieves weekly losses for the second time in a row
Oil prices fell during trading on Friday, July 19, by more than two dollars at the settlement, with... Read more
World Markets
AED 273.5 million net purchases by foreigners in Abu Dhabi Financial Market during the week
Foreign investors tended to buy in the Abu Dhabi Securities Market during last week’s trading with a... Read more
World Markets
Gold posts first weekly loss in 4 as record profit-taking takes hold
Gold prices fell by more than 2% during trading on Friday, July 19, at the settlement, with the rise... Read more
World Markets
Microsoft reports 8.5 million devices affected by outage
Microsoft (NASDAQ:MSFT) said nearly 8.5 million of its Windows devices have been affected by a softw... Read more
World Markets
ECB holds interest rate steady, inflation likely to remain above target until next year
The European Central Bank decided to hold interest rates steady as expected, after implementing the... Read more
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