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
US stocks close higher, supported by the rise of "Tesla"
US stocks shrugged off warnings of slowing growth and data showing slowing manufacturing activity, a... Read more
World Markets
The yen fell and the dollar consolidated amid investors' anticipation of US interest rate moves
The Japanese yen remained below the level of 145 against the dollar on Monday, July 3, while the US... Read more
World Markets
Gold loses its luster after the rise of the dollar amid expectations of an increase in interest rates
Gold prices changed slightly, Monday, as the strength of the US dollar affected the attractiveness o... Read more
UAE Markets
UAE's ADNOC Gas awards contracts worth $1.34 billion to expand its natural gas pipeline network
On Monday, July 3, the UAE's ADNOC Gas announced the award of contracts worth a total of $1.34 b... Read more
World Markets
Stability in oil prices amid traders' focus on the second half of the year
Oil prices were relatively unchanged heading into the second half of the year, as traders focused on... Read more
Gulf Markets
Foreigners recorded 774 million riyals net purchase in the Saudi stock market within a week
Foreign investors recorded net buying during their dealings in the Saudi stock market, Tadawul, in t... Read more
World Markets
The Nasdaq Technology Index posted its strongest gain in 40 years
The Nasdaq Technology Composite Index posted its best mid-term gain since 1983, after investors floc... Read more
UAE Markets
UAE raises diesel and petrol prices in July
The UAE raised the prices of diesel and gasoline of all kinds for the month of July compared to the... Read more
Gulf Markets
The Saudi market index ended the second quarter of 2023 with an increase of 8.2%
The Saudi market index ended the transactions of the second quarter of this year, with an increase o... Read more
Gulf Markets
SABIC shareholders approve the transfer of 15 billion riyals from the reserve to retained earnings
The extraordinary general assembly of shareholders of the Saudi Basic Industries Corporation (SABIC)... Read more
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