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
Oil prices fall as traders weigh weak China data, OPEC+ policy
Oil prices fell as weak Chinese data raised concerns about demand, and traders looked ahead to an OP... Read more
UAE Markets
$153 million in Salik revenues in 3 months
Salik, the exclusive operator of toll gates in Dubai and listed on the Dubai Financial Market, has a... Read more
Gulf Markets
Saudi Electricity Company's profits jump 87% in Q1 2024
Saudi Electricity Company's profits rose by about 86.8% in the first quarter of 2024. According... Read more
Gulf Markets
Mobily raises its profits in the first quarter to 638 million riyals due to revenue growth
Etihad Etisalat Company (Mobily) recorded a 37.2% increase in net profits in the first quarter of 20... Read more
UAE Markets
Weekly performance of Gulf markets varies as corporate earnings momentum continues... and Egyptian indices continue their weekly losses
Dubai Financial Market Index records highest weekly gains in two months FTSE Abu Dhabi posts highest... Read more
World Markets
Bank of America expects artificial intelligence to boost software stocks
Analysts at Bank of America (NYSE:BAC) have defended a particular software company whose shares have... Read more
World Markets
Gold rises in a week after data boosts hopes of a rate cut
Gold prices rose sharply last week, supported by the momentum generated by weak US jobs data this we... Read more
Gulf Markets
Zain Saudi Arabia's net profit falls 94% in Q1 2024
Saudi Telecom Company (Zain) net profits declined by about 94.1% in the first quarter of 2024. Accor... Read more
World Markets
Dollar rises slightly ahead of key inflation data
The dollar rose slightly against most major currencies on Thursday, as traders awaited key U.S. infl... Read more
World Markets
Japan's Nikkei Gives Up Gains Pressured by Chip Stocks
Japanese stocks erased gains at the close of trading on Thursday, May 9, as chip-related shares, inc... Read more
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