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
Budget Saudi shareholders approve cash dividend distribution, elect board of directors for 4 years
The Extraordinary General Assembly of Shareholders of United International Transportation Company (B... Read more
World Markets
Analysts: The Federal Reserve will likely not implement any interest rate cut this summer
The chances of the US Federal Reserve not cutting interest rates this summer are increasing, amid a... Read more
World Markets
Nasdaq extends weekly gains, closes at record high
U.S. stocks rebounded on Friday after sharp losses in the previous session, helped by news that cons... Read more
World Markets
Japanese yen slides to 3-week low on interest rate concerns
The Japanese yen slid to its lowest level in three weeks against the US dollar on Thursday, deepenin... Read more
World Markets
European shares rise on chipmakers after Nvidia forecast
European shares rose on Thursday, May 23, after a strong outlook from artificial intelligence compan... Read more
World Markets
Dollar holds near record highs after monetary tightening prospects
The dollar held near a one-week high on Thursday, after posting its best day this month against othe... Read more
World Markets
Nvidia shares break $1,000 after reporting stronger-than-expected performance
After the US market closed on Wednesday, Nvidia (the world's largest designer of semiconductors)... Read more
World Markets
Gold falls after US Federal Reserve meeting minutes
Gold prices fell for a third straight session on Thursday, May 23, after minutes from the latest U.S... Read more
World Markets
Fed officials express concerns about inflation path
US Federal Reserve officials expressed concern at their latest meeting about the economic recovery a... Read more
World Markets
Oil prices continue to fall for the fourth session, with expectations that interest rates will remain high
Oil prices extended losses on Thursday after closing at a three-month low on Wednesday, on signs the... Read more
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