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
The UAE non-oil private sector PMI declined in September
The UAE non-oil private sector PMI fell in September for the first time in 3 months, with production... Read more
World Markets
New Zealand raises interest rates by 50 points to 3.5%
Today, Wednesday, the Central Bank of New Zealand raised interest rates in the country by 50 basis p... Read more
UAE Markets
Foreign assets in the UAE central bank rise 8.2% in July
The foreign assets of the UAE Central Bank achieved a growth of 8.2% to reach 437.37 billion dirhams... Read more
World Markets
IMF Managing Director: 2023 will be more difficult than we expected
Kristalina Georgieva, managing director of the International Monetary Fund, predicted that the year... Read more
World Markets
Gold rose to its highest level in 3 weeks
Gold prices rose during today's trading, reaching their highest level in three weeks, with the d... Read more
Crypto currencies
Binance and Kazakhstan sign a memorandum of understanding to combat financial crime
Global cryptocurrency exchange Binance has signed a Memorandum of Understanding with the Financial S... Read more
Gulf Markets
Saudi PMI declines in September despite economic improvement
Recent data for the Purchasing Managers' Index (PMI), issued by Standard & Poor's Global... Read more
World Markets
Oil prices rise amid expectations that “OPEC +” will cut production
Global oil prices witnessed a rise in Asian trading during trading on Tuesday, amid expectations tha... Read more
World Markets
Warning of an upcoming collapse of US stocks
Michael Bury, the head of Scion Asset Management, who was best known for his prediction of the globa... Read more
Gulf Markets
A subsidiary of "Saudi Investments" acquires 34% of the Egyptian "B-Tech"
The Egyptian company B.TECH for the sale of home appliances announced that the Saudi Egyptian Invest... Read more
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