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
Mohammed bin Rashid issues a law establishing the Dubai Investments Fund
Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE, Prime Minister, and Ruler of Dubai... Read more
World Markets
US stocks rise at the close... and the Dow Jones records its highest level in nearly two years
US stock indices rose collectively, at the end of Monday's session, with the Dow Jones index rec... Read more
Gulf Markets
The MBC Group offering price was set at 25 riyals per share
HSBC Saudi Arabia, in its capacity as lead manager, HSBC Saudi Arabia, JP Morgan Saudi Arabia, and N... Read more
World Markets
Dollar near 3-week peak thanks to strong data
The US dollar rose in the European market on Monday against a basket of global currencies, maintaini... Read more
World Markets
Caution dominates global stocks amid anticipation of central bank meetings
Global stocks witnessed slight movements at the beginning of a week packed with data and central ban... Read more
Gulf Markets
Saudis' trading in the US stock market declined by 40% in the third quarter
Saudis' trading in the US stock market recorded a decline of 40.1% during the third quarter of 2... Read more
World Markets
Bitcoin price falls below $41,000 amid profit-taking wave
The price of Bitcoin briefly fell below $41,000 amid a broader decline in cryptocurrencies, as specu... Read more
World Markets
Oil continues to gain as America seeks to buy strategic reserves
Oil prices rose in early trading on Monday, continuing their gains for a second session as the Unite... Read more
World Markets
Gold falls as the dollar recovers and awaits central bank meetings
Gold prices fell in early trading, Monday, in light of the rise in the dollar, while investors await... Read more
UAE Markets
$39.9 million net foreign purchases of UAE stocks during a week
Net investments of foreigners in stocks in the UAE financial markets amounted to 146.675 million dir... Read more
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