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
Coinbase plans to discuss the possibility of establishing a "strategic hub" for the exchange in the UAE
After the popular US-based cryptocurrency exchange Coinbase announced the launch of its global deriv... Read more
UAE Markets
ADNOC intends to offer 15% of the shares of "ADNOC Logistics and Services"
ADNOC, the UAE, announced its intention to offer a minority stake representing 15 percent of the sha... Read more
World Markets
Asian stocks fell before the release of inflation data in America
Asian stocks fell on Wednesday ahead of an important inflation report as investor confidence deterio... Read more
World Markets
Oil prices fell after a sudden increase in US crude and gasoline inventories
Oil prices fell in early trading on Wednesday after sector data showed a sudden increase in US crude... Read more
World Markets
The Nikkei rose 0.24% at the beginning of trading in Tokyo
Japanese stocks rose on Tuesday, May 9, and the Nikkei index recorded its highest closing level in 1... Read more
World Markets
Limited and narrow dealings with gold prices, with investors anticipating US inflation data
Gold prices moved in a narrow range on Tuesday, May 9, ahead of US inflation data, which investors a... Read more
World Markets
Oil prices fell and concern ahead of US inflation data
Oil prices fell in early trading on Tuesday, May 9, paring strong gains during the previous two sess... Read more
UAE Markets
The profits of the Emirati "FertiGlobe" fell 60% in the first quarter, affected by the decline in gas prices
Fertiglobe's net profit declined by 59.6% in the first quarter of this year to reach $188.8 mill... Read more
Gulf Markets
Saudi Aramco records $32 billion in the first quarter of 2023
Saudi Aramco, the largest oil producing company in the world, said that it recorded a net profit in... Read more
Gulf Markets
Air Arabia's revenues amounted to 342 million dirhams, an increase of 17% in the first quarter of 2023.
Air Arabia PJSC, the first and largest low-cost airline in the Middle East and North Africa region,... Read more
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