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
DAMAC is looking to invest one billion euros in Germany
The UAE-based Damac Properties Group is studying investment opportunities related to data centers an... Read more
Gulf Markets
Hail Cement turned a loss of 6.83 million riyals in the second quarter
Hail Cement Company turned to a loss in the second quarter of 2022 by 6.83 million riyals, compared... Read more
World Markets
Oil prices rise after the statements of the Saudi Energy Minister
Oil prices rose on Tuesday, after Saudi Arabia warned that the Organization of the Petroleum Exporti... Read more
World Markets
Apple plans to manufacture iPhone 14 in India
Apple plans to start manufacturing iPhone 14 phones in India, about two months after the initial rel... Read more
World Markets
Ukraine resumes operation of railway line to Moldova
Ukrainian President Volodymyr Zelensky said that after a 23-year hiatus, Ukraine has resumed operati... Read more
Gulf Markets
"Saudi Real Estate" turns profitable in the second quarter, with 45.3 million riyals
The financial statements of the Saudi Real Estate Company revealed that the company turned to profit... Read more
UAE Markets
A possible offering of "Al Ansari Exchange" in the Dubai market
Al Ansari UAE Exchange has nominated EFG Hermes and Emirates NBD to lead the process of offering its... Read more
World Markets
European shares decline and strict measures from the European Central
European shares fell on Monday, with major markets falling and investors wary of tough measures from... Read more
Gulf Markets
"Ground services" losses fell 28.2% in the second quarter
The losses of the Saudi Ground Services Company for Ground Services decreased by 28.24% in the secon... Read more
World Markets
China cuts lending rates for the second time in a week
China cut key lending rates again on Monday, one week after cutting interest rates in a surprise mov... Read more
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