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 Aramco and Total Energy award contracts worth $11 billion
Saudi Aramco and Total Energies on Saturday awarded engineering, procurement and construction contra... Read more
World Markets
US bank stocks fell and the worst week since May amid anticipation of regulatory restrictions
Bank stocks have fluctuated over the past week after recovering from their crash earlier in the year... Read more
Gulf Markets
The start of the blessed Eid Al-Adha holiday in the stock market and the resumption of trading next Sunday
As of today, Sunday, June 25, 2023, the Saudi stock market will witness the start of the blessed Eid... Read more
World Markets
Gold prices declined and daily losses for the third day in a row
Gold prices fell in the European market on Thursday, continuing their losses for the fourth day in a... Read more
UAE Markets
The UAE's "ADNOC" and G42: discussions to offer the "AIQ" project for public subscription
Abu Dhabi National Oil Company ADNOC and Abu Dhabi's G42 artificial intelligence group are in pr... Read more
World Markets
The head of the US Federal Reserve supports raising interest rates to reduce inflation
Federal Reserve Chairman Jerome Powell confirmed today, Wednesday, that more interest rate increases... Read more
UAE Markets
Abu Dhabi is seeking more major banking acquisition deals
Over the past year, the oil-rich emirate of Abu Dhabi has pursued a series of ambitious acquisitions... Read more
World Markets
The decline of the dollar after the speech of the President of the US Federal Reserve and the rise of the Sterling
Thursday, June 22, the dollar approached its lowest level in a month against a basket of currencies,... Read more
Gulf Markets
Shell International signs an agreement to open fuel stations in Saudi Arabia
The global Shell company, Shell, and the Asiad Holding Group, signed an agreement to open fuel stati... Read more
World Markets
Gold is falling with anticipation of Powell's speech before Congress
Gold prices fell slightly in trading on Wednesday, as all eyes were on the statements that Federal R... Read more
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