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, China's Rongsheng discuss new joint venture
Saudi Aramco said it is studying the possibility of establishing a joint venture in the Saudi Aramco... Read more
UAE Markets
Abu Dhabi shares lose AED 10 billion in market value at the end of Thursday's trading
The performance of the UAE financial market indices varied at the end of trading on Thursday, amid a... Read more
Gulf Markets
Saudi Fransi profits rise to 1.15 billion riyals in the first quarter of 2024
The results of the Saudi Fransi Bank revealed, in the first quarter of 2024, a 6.88% increase in net... Read more
World Markets
Gold falls on profit-taking
Gold prices fell on Thursday as investors booked profits after a sustained rally in the yellow metal... Read more
World Markets
Meta's market value drops $200 billion after Zuckerberg's comments
Meta's market value fell by about $200 billion after the company's shares fell 19% in extend... Read more
World Markets
Yen falls to 34-year low as BOJ awaits decision
The Japanese yen fell to its lowest level in 34 years during trading on Thursday, April 25, as the b... Read more
World Markets
Asia shares fall, led by tech as Meta disappoints
Asian stock markets fell after a disappointing outlook from Meta Platforms Inc raised concerns about... Read more
World Markets
Oil steady amid US demand concerns, Mideast conflict
Oil prices were little changed on Thursday as fuel demand in the United States, the world's bigg... Read more
UAE Markets
Investcorp launches $1 billion fund to invest in Gulf, China
Investcorp launched a fund to invest in high-growth companies in Saudi Arabia, the rest of the GCC a... Read more
World Markets
Global gold prices stuck in a narrow range.. and await important US economic data
Gold prices rose on Wednesday but remained stuck in a narrow range as investors looked to U.S. econo... Read more
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