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
Elon Musk warns of a recession
American billionaire Elon Musk warned of an economic recession if interest rates were raised again.... Read more
Gulf Markets
“Al Ahly Saudi Arabia” participates in the increase of the capital of “Credit Suisse”
The National Bank of Saudi Arabia announced the completion of capital increase procedures with the C... Read more
World Markets
Facebook was fined $275 million in Ireland
The Republic of Ireland announced that it had fined Facebook $275 million, or the equivalent of €265... Read more
Gulf Markets
The Saudi economy grows 8.8% in the third quarter
Data from the General Authority for Statistics revealed that the Saudi economy grew by 8.8% in the t... Read more
Gulf Markets
The Saudi budget achieved its first fiscal surplus since 2013
The Kingdom of Saudi Arabia’s budget for the year 2022 recorded a financial surplus of 102 billion r... Read more
Gulf Markets
Next Monday... the start of trading "Americana" in Saudi Arabia and the UAE
Next Monday, corresponding to December 12, will witness the listing and start of trading in the shar... Read more
World Markets
The European technology industry will lose $400 billion in 2022
The losses of the European technology industry in terms of market value amounted to more than $ 400... Read more
UAE Markets
"Holding" and "Aldar" plan to acquire "GEMS Education"
A consortium comprising ADQ Holdings and Aldar Properties has appointed advisors to a bid for the Du... Read more
World Markets
China eases Corona restrictions
China announced the easing of restrictions and precautionary measures related to the Corona virus on... Read more
Crypto currencies
Seib Bank and HashKey partner to accelerate institutional adoption of digital assets
Cryptocurrency-focused company Seibbank said it has formed a partnership with financial services fir... Read more
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