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
Gulf Markets
Saudi stock indices rose at the end of today's session; the Saudi general index climbed by approximately 0.57%.
Stocks in Saudi Arabia closed higher at the end of trading on Sunday, with indices rising, and gains... Read more
UAE Markets
Moody's forecasts put the UAE economy on track for its biggest contraction since 1986, but the rating remains stable.
Moody's forecasts put the UAE economy on the brink of its biggest contraction in four decades, b... Read more
World Markets
Bitcoin surpasses $64,000 as ETF inflows return and SpaceX boosts sentiment
Bitcoin traded above $64,000 on Sunday, continuing its recovery from recent lows, amid improved risk... Read more
Gulf Markets
Arab stock markets opened green at the start of Sunday's session.
Opening of the Egyptian Stock Exchange Egyptian indices saw collective gains at the start of Sunday&... Read more
World Markets
More than $3 trillion evaporates from Wall Street under the pressure of inflation and war.
The largest US companies suffered market losses exceeding $3.3 trillion during nine consecutive sess... Read more
World Markets
OPEC lowers its forecast for global oil demand growth to 1 million barrels per day in 2026
OPEC maintained its forecast for global economic growth at 3.1% in 2026 and kept its forecast for gl... Read more
World Markets
The euro is stable ahead of the European Central Bank's decision, amid escalating tensions in the Middle East.
The euro was largely steady on Thursday as investors braced for what is expected to be the European... Read more
Gulf Markets
Arab markets decline collectively as new US strikes target Iran
Opening of the Egyptian Stock Exchange Egyptian indices suffered collective losses at the close of t... Read more
World Markets
Oil prices rise after US strikes and Iran announces closure of the Strait of Hormuz
Oil prices rose a second day after the US military strikes on Iran, as Iran announced it would halt... Read more
World Markets
European stocks fall as markets await European Central Bank interest rate hike
European stocks suffered from directional volatility on Thursday, as investors awaited a widely expe... Read more
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