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
Warning of a drop in oil to $ 65 a barrel by the end of 2022
The American group Citigroup warns that crude oil will collapse to $65 a barrel by the end of 2022,... Read more
World Markets
Oil prices rise with signs of improving consumption in China
Oil prices rose during trading on Wednesday, in conjunction with signs of an improvement in crude co... Read more
Gulf Markets
"Advanced" profits fell 37.2% in the first half to 274 million riyals
The financial statements of the Advanced Petrochemical Company showed a decline in the company's pro... Read more
Gulf Markets
Kuwait's Central Bank agrees to KFH to acquire Bahrain's Ahli United Bank
The Kuwait Finance House Bank (KFH) announced that it has received approval from the Central Bank of... Read more
UAE Markets
The UAE ranks 15th in the world in the number of billionaires
The UAE ranked 15th in the world in terms of the number of billionaires, according to the latest rep... Read more
Crypto currencies
Cryptocurrency trading in India falls due to exorbitant taxes
Trading volume on three major Indian crypto exchanges has fallen an average of 72.5% since July 1, a... Read more
World Markets
The Reserve Bank of Australia raises interest rates by 50 basis points
The Reserve Bank of Australia raised interest rates for the third month in a row, announcing further... Read more
World Markets
Inflation in South Korea is rising at the fastest pace in 20 years
South Korea's inflation rate has reached its highest level since the Asian financial crisis more tha... Read more
Gulf Markets
Saudi Arabia allocates 20 billion riyals to face the repercussions of high global prices
The Kingdom of Saudi Arabia announced the allocation of financial support in the amount of 20 billio... Read more
World Markets
Australia bans gold imports from Russia and imposes sanctions on it
Australian Prime Minister Anthony Albanese confirmed that his country is banning gold imports from... Read more
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