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
Almarai invests 1.2 billion riyals in developing production facilities
The Saudi Almarai Company announced an investment of about 1.2 billion riyals in Sakaka Governorate... Read more
UAE Markets
ADNOC awards an oil exploration concession to Malaysia's Petronas
The Abu Dhabi National Oil Company (ADNOC) announced the signing of the first concession to explore... Read more
World Markets
Russia refuses to impose a ceiling on the price of oil
Russia intends to reject the Western decision to impose a ceiling on the price of Russian oil. Accor... Read more
World Markets
Expectations of Brent oil reaching $110 in 2023
A Bank of America report predicted that the price of Brent crude oil would rise to $110 a barrel in... Read more
Gulf Markets
Saudi non-oil private sector growth at the fastest pace in 7 years
The non-oil private sector in the Kingdom of Saudi Arabia grew at the fastest pace in seven years la... Read more
Crypto currencies
Cryptocurrency browser Opera plans to enable instant minting of non-fungible tokens
The Oprah Company stated that it had entered into a partnership with Alton Launchbad; To allow Web3... Read more
World Markets
Mask ignites "Twitter" with the scandals of the US President's son
Elon Musk, owner of Twitter, on Friday sparked a social media uproar after the revelations of intern... Read more
World Markets
The dollar is falling in light of expectations of a slowdown in the pace of interest rate hikes
The latest leading indicators released in the US, Eurozone and Australia revealed weak inflation rat... Read more
World Markets
Infographic of the five most important global financial centers
New York topped the list of the most important global financial centers for the year 2022, followed... Read more
Crypto currencies
Cryptocurrency exchange Kraken cuts workforce by 30%
Cryptocurrency exchange Kraken announced on Wednesday that it has made one of its toughest decisions... Read more
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