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
UAE Markets
Dubai government revenues from real estate sales will be approximately 11 billion dirhams in 2022
Dubai government revenues from total sales of the real estate market during 2022 achieved a remarkab... Read more
Crypto currencies
Bitcoin jumps over $18,000
The Bitcoin cryptocurrency made a big jump today, Thursday, to reach its highest level in about a mo... Read more
Gulf Markets
The Saudi “Al-Ahly” recommends distributing 6% cash dividends
The Board of Directors of the National Bank of Saudi Arabia recommended distributing cash dividends... Read more
World Markets
American airlines expect operations to return to normal today
US airlines said they expect operations to return to normal as of Thursday, while the Federal Aviati... Read more
UAE Markets
"Arada" awards a contract worth 475 million dirhams to "Gulf Asia Contracting"
Arada announced the award of a main contract worth 475 million dirhams to Gulf Asia Contracting Comp... Read more
Gulf Markets
Saudi “Maaden” establishes 4 companies with a value of 12 billion riyals
The Saudi Arabian Mining Company (Maaden) has signed agreements to establish 4 companies for explora... Read more
Crypto currencies
The "Binance" stock exchange lost $ 12 billion in assets
The value of assets lost by cryptocurrency exchange Binance has reached $12 billion in less than two... Read more
World Markets
Oil prices are falling after an unexpected increase in US crude and fuel inventories
Global oil prices fell today, Wednesday, giving up gains from yesterday’s session, after data in the... Read more
UAE Markets
Emirates NBD is the first banking institution to issue bonds in dirhams
Emirates NBD announced the successful pricing of its first bond issue in dirhams, amounting to one b... Read more
World Markets
The specter of recession threatens US stocks
Michael Wilson, a strategist at Morgan Stanley, predicted that US stocks would face a sharper declin... Read more
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