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
Dollar returns to the fore amid safe-haven demand
The dollar rose to a two-week high against major rivals in early trading on Thursday, after the curr... Read more
Gulf Markets
Solutions shareholders approve distribution of 6 riyals per share for 2023.. and disbursement on June 26
The Ordinary General Assembly (first meeting) of the shareholders of the Arab Internet and Communica... Read more
World Markets
European shares fall as bond yields rise, interest rate worries revive
European stocks retreated on Wednesday after a rise in global bond yields raised investor concerns t... Read more
UAE Markets
Drake & Scull shares return to Dubai market after 6-year hiatus
After an absence of about 6 years, Drake & Scull International shares return to the Dubai Financ... Read more
UAE Markets
ADNOC Distribution aims to increase the number of fast charging stations for cars
ADNOC Distribution, the UAE’s leading fuel and distribution company, announced that it aims to expan... Read more
World Markets
London Stock Exchange approves Bitcoin and Ethereum investment vehicles
The London Stock Exchange (LON:LSEG) announced on Tuesday that it will start trading cryptocurrency... Read more
World Markets
Yuan falls to lowest level since November after China drops support
China's yuan fell to its lowest level since November as evidence grows that monetary policymaker... Read more
World Markets
Dollar steady ahead of U.S. inflation data, yen hits 4-week low
The dollar was supported on Wednesday, May 29, by growing expectations that the Federal Reserve will... Read more
World Markets
Oil rises on expectations of higher fuel consumption in summer
Oil prices rose in early trading on Wednesday, on expectations that major producers will continue pr... Read more
World Markets
Lenovo plans to sell $2 billion in convertible bonds to Saudi sovereign fund
Lenovo said it plans to sell $2 billion in zero-yield convertible bonds to Saudi Arabia’s sovereign... Read more
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