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
Gold hits record high on hopes of US rate cut
Gold prices continued to break records on Monday after data showed U.S. inflation moderated in Febru... Read more
World Markets
Japan's Nikkei closes at two-week low
Japan's Nikkei average closed at a two-week low on Monday, falling below the 40,000 mark, as tra... Read more
World Markets
Tesla stock is the worst performer in the S&P 500 index through 2024
Tesla stock has become the worst performer in the S&P 500 in 2024, down 29% since the beginning... Read more
Gulf Markets
Profit and loss calculations for transferring shares from Aramco to the Saudi sovereign fund
Saudi Arabia's move to transfer 8% of Aramco's total shares to the Public Investment Fund ha... Read more
World Markets
US crude oil production declines in January
U.S. crude oil production fell in January to 12.533 million barrels per day, down 6 percent from Dec... Read more
Gulf Markets
ACWA Power Signs Power Purchase Agreement for Nukus 2 Wind Power Project in Uzbekistan
ACWA Power announced the signing of a Public-Private Partnership (PPP) Power Purchase Agreement (PPA... Read more
World Markets
Russian Central Bank: We see no better reserve currency than the Chinese yuan
Russia's central bank said it has no better options than the Chinese yuan for its foreign exchan... Read more
World Markets
The US Federal Reserve Governor confirms that there is no rush to reduce interest rates!
During his participation in the Macroeconomics and Monetary Policy Conference in San Francisco, the... Read more
World Markets
3 AI Companies Agree to Merge Their Cryptocurrencies
Three blockchain-based AI companies have announced the integration of their cryptocurrencies, in a m... Read more
Gulf Markets
90% drop in net foreign purchases in Gulf stock exchanges during 2023
Foreign trading activity in the GCC stock exchanges remained positive during 2023, despite a sharp d... Read more
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