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
Crypto currencies
Ether rises to its highest level in two months
The price of the cryptocurrency Ether surged and reached its highest level in more than two months a... Read more
Gulf Markets
Sale of Savola's stake in "Knowledge City" and "City Developers" for 459.3 million riyals
The Savola Group has signed a binding agreement to sell the shares and stakes owned by it in each of... Read more
UAE Markets
Mubadala and Ryzen are about to acquire BP Bungee ethanol in Brazil
An informed source said that the Abu Dhabi government's Mubadala Investment Company and Ryzen Energy... Read more
UAE Markets
International Holding acquires 50% of Turkey's Kalyon Energy
International Holding Company, one of the giant investment holding companies in the Middle East, has... Read more
Gulf Markets
ACWA Power increases its profits by 26.6% in the second quarter
ACWA Power’s profits increased by 26.64% after zakat and tax, to reach about 389.87 million riyals i... Read more
UAE Markets
Profits of the UAE "TAQA" grow 62% in the second quarter
The Abu Dhabi National Energy Company (TAQA) achieved a 62% growth in profits for the second quarter... Read more
Gulf Markets
Gasco's profits fell 12.9% in the second quarter
The profits of the National Gas and Industrialization Company, Gasco, decreased by 12.88% after zaka... Read more
Gulf Markets
For 211.3 million riyals .. Al-Othaim Markets sells land in Medina
Today, Wednesday, Abdullah Al-Othaim Markets Company agreed to sell the land owned by the company in... Read more
World Markets
Meta raises $10 billion in its first bond offering
Facebook owner Meta Platforms on Tuesday raised $10 billion in its first-ever bond offering as it lo... Read more
World Markets
Hong Kong Stock Exchange approves listing and trading of Alibaba shares
The Hong Kong Stock Exchange has agreed to list shares of Chinese e-commerce company Alibaba, paving... Read more
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