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
Musk plans to lay off half of Twitter employees
Elon Musk plans to start laying off up to half of Twitter's employees after completing its $44 b... Read more
Crypto currencies
Merge Upgrade Reduces Power Consumption of Ethereum Network
The Merge upgrade, which is considered one of the most significant blockchain upgrades on Ethereum t... Read more
World Markets
Huge profits for international oil companies in the third quarter thanks to increased energy costs
International oil and gas companies succeeded in recording huge profits during the third quarter of... Read more
Gulf Markets
“SABIC” profits fell 67% in the third quarter to 1.8 billion riyals
The financial statements of the Saudi Basic Industries Corporation (SABIC) revealed that the company... Read more
World Markets
Meta's profits fell by less than half in the third quarter
Meta, the parent company of Facebook, recorded a significant decline of more than 50% to reach $ 4.4... Read more
Gulf Markets
"SASCO" increases its profits by 106% in the third quarter
The Saudi Automotive Services Company (SASCO) achieved a 106.4% increase in profits for the third qu... Read more
World Markets
China's fiscal deficit hits 9-month high
China's government budget recorded a fiscal deficit of 7.16 trillion yuan (980 billion dollars) at a... Read more
UAE Markets
An increase of 50%.. Emirates NBD profits jump to 3.7 billion dirhams in the third quarter
The profits of Emirates NBD Bank witnessed a 50% jump at the end of the third quarter of this year,... Read more
Crypto currencies
UK proposes new bill to regulate cryptocurrency
The UK introduced a new Financial Services and Markets Bill; Which enhances its vision of dealing wi... Read more
UAE Markets
Net profit of the UAE "Aldar" rises 27% in the third quarter
The financial statements of the UAE Aldar Real Estate Company revealed that the net profit of the gr... Read more
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