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
Fears of a further recession in the US economy
A report from the Federal Reserve (the US central bank) showed that the US expanded at a modest pace... Read more
World Markets
The IMF lowers its forecast for US economic growth for 2022
The International Monetary Fund lowered its forecast for US economic growth to 2.3% for 2022, 0.6% l... Read more
World Markets
Twitter sues Elon Musk
Twitter filed a lawsuit, Tuesday, against billionaire American businessman Elon Musk; for violating... Read more
World Markets
Oil prices stabilize after sharp declines yesterday
Oil prices stabilized during trading on Wednesday, after falling more than 7% in yesterday's session... Read more
Gulf Markets
Saudi Ceramic distributes 40 million riyals in semi-annual profits
The Saudi Ceramic Company announced the approval of the Board of Directors to distribute cash divide... Read more
UAE Markets
Dubai PMI rises to 3-year high
The seasonally adjusted Dubai Purchasing Managers' Index rose for the second month in a row, to 56.1... Read more
World Markets
Egypt raises domestic fuel prices
The concerned automatic pricing committee for petroleum products in the Arab Republic of Egypt decid... Read more
World Markets
German industrial production rises less than expected in May
German industrial production rose less than expected in May, official data showed, as supply chain... Read more
Gulf Markets
KFH raises the offer to acquire Al-Ahly United to $8.8 billion
Kuwait Finance House (KFH) has raised its takeover bid for Bahrain's Ahli United Bank to $11.6 billi... Read more
Gulf Markets
GFH Financial buys 5.12 million shares of its stock
GFH Financial Group has purchased 5.12 million of its shares (treasury shares). According to Arab... Read more
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