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
Qatar Bank: The European Central Bank will cut interest rates by 150 basis points by mid-2025
QNB expects the European Central Bank to cut interest rates by 150 basis points by mid-2025, bringin... Read more
World Markets
US stocks post weekly losses days before election
Wall Street's main indexes rose at the close on Friday, recovering from a sell-off in the previo... Read more
Gulf Markets
Saudi sovereign fund takes control of MBC for $2 billion
Sustainability Holding Company will sell its entire stake in MBC Group to Saudi Arabia’s Public Inve... Read more
World Markets
Oil loses more than 3% in a week as US production increases
Oil prices rose on Friday after reports that Iran was preparing to launch a strike from Iraq in reta... Read more
World Markets
Gold shines as US election heats up, uncertainty grows
Gold prices have seen a significant rise as demand for safe-haven assets increases, coinciding with... Read more
World Markets
Nvidia joins Dow Jones after displacing rival Intel
In a move that reflects the major developments taking place in the US technology market, chip giant... Read more
World Markets
Shell Q3 profit beats expectations
Shell's third-quarter earnings beat expectations. The British oil and gas company announced on T... Read more
UAE Markets
ADNOC Distribution's profits reach $500 million in 9 months
ADNOC Distribution, listed on the Abu Dhabi Securities Exchange, announced its financial results for... Read more
World Markets
Samsung's semiconductor profits fall nearly 40% in Q3
Samsung Electronics reported slightly higher sales and operating profit than its own expectations in... Read more
World Markets
One of the biggest crypto whales intends to raise a huge sum to buy Bitcoin.. A bullish explosion is coming?
MicroStrategy (NASDAQ:MSTR), the world’s largest bitcoin holding company, is tapping banks to help i... Read more
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