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
The price of Ethereum (ETHUSD) is dropping sharply and incurring strong losses
Ethereum (ETHUSD) price achieved a strong breach of 1731.25 level, to decline sharply and reach the... Read more
Gulf Markets
“Sadafco” profits increased by 48.5% in the fiscal year ending in the first quarter of 2023
The results of the Saudi Dairy and Foodstuff Company, SADAFCO, for the fiscal year ending on March 3... Read more
UAE Markets
UAE stock exchange indices varied, coinciding with the Federal Reserve's cessation of interest rate hikes
The indicators of the UAE financial markets varied during the morning trading session today, Thursda... Read more
World Markets
Gold falls to its lowest level in 3 months after the Fed hints
Gold prices fell to a three-month low on Thursday, with the dollar surging after the US Federal Rese... Read more
World Markets
An “Arab” digital currency is witnessing huge rises, reaching 2000% immediately after its launch
The new cryptocurrency, Dubai Coin, has skyrocketed by more than 2,000% right after it was launched... Read more
World Markets
"OPEC" data predicts a sharp contraction in oil supply
Data released by the Organization of the Petroleum Exporting Countries (OPEC) reveals that the recen... Read more
World Markets
Bank of America: Oil prices will remain under pressure until the Fed ends monetary tightening
Bank of America believes that the Federal Reserve and Saudi Arabia are locked in a battle royale ove... Read more
World Markets
Gold rose with the decline of the dollar ahead of the US Federal Reserve decision
Gold prices rose on Wednesday, supported by a weaker dollar, as slowing inflation in the United Stat... Read more
World Markets
Binance.US rejects the SEC's proposal to freeze funds
Binance.US asked the court to dismiss the SEC's proposed temporary restraining order against its... Read more
Gulf Markets
Moody's adjusts its outlook for the Saudi banking sector to positive
Moody's has changed the outlook for the banking system in Saudi Arabia from stable to positive.... Read more
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