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
British economy shrinks in August due to weak manufacturing sector
Today, Wednesday, economic data showed that the British economy contracted by 0.3% in August, compar... Read more
Gulf Markets
Arabia Contracting acquires an advertising company for 1.05 billion riyals
The Arab Technical Contracting Company announced the conclusion of a purchase agreement to acquire t... Read more
Gulf Markets
Aramco launches project to manufacture drilling rigs
Saudi Aramco has launched a joint venture to manufacture drilling rigs for the first time in Saudi A... Read more
World Markets
Global semiconductor companies lose $240 billion
The shares of Asian semiconductor companies in Japan, South Korea and Taiwan recorded a decline that... Read more
World Markets
JPMorgan chief expects economic recession in mid-2023
Jamie Dimon, CEO of JPMorgan Chase, predicted a recession in the US and global economy by mid-2023.... Read more
UAE Markets
Multiverse Labs launches new Metaverse City in the UAE
Multiverse Labs, an artificial intelligence ecosystem, has launched a new Metaverse City in the Unit... Read more
UAE Markets
The UAE adopts a budget for the years 2023-2026, with expenditures exceeding 250 billion dirhams
The UAE Cabinet approved the country's budget for the years 2023-2026, with total expenditures e... Read more
Gulf Markets
"Retal" signs a contract to develop 550 housing units in Riyadh at a value of 605 million riyals
Retal Urban Development Company announced that it had signed, on Monday, a sub-development agreement... Read more
World Markets
Offering distinctive Egyptian hotels to investors in the stock exchange
The Egyptian government intends to offer shares in distinguished hotels to investors in the Egyptian... Read more
UAE Markets
The wealthy ignite the luxury home market in Dubai
Prime property prices in Dubai have seen a jump of 89% in the past 12 months, as wealthy buyers floc... Read more
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