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
Coinbase Facing Class Actions Over Troubled Stable Coins
A class action lawsuit was filed against Coinbase last weekend, alleging that the exchange was negli... Read more
Gulf Markets
SABIC distributes 6.75 billion riyals for the first half of 2022
The Saudi Basic Industries Corporation (SABIC) announced the Board of Directors' decision to distrib... Read more
Gulf Markets
"Capital Intelligence" confirms the credit ratings of "Tijari Al-Kuwait"
The Commercial Bank of Kuwait announced that the credit rating agency, Capital Intelligence, has aff... Read more
World Markets
Elon Musk warns of bankruptcy of Tesla competitors
Tesla CEO Elon Musk has warned that some of his rival electric car companies could go bankrupt if t... Read more
World Markets
Russia fines Google for breaching data localization rules
A Moscow court has fined Google 15 million rubles ($260,000) for refusing to comply with Russian la... Read more
World Markets
Giant Chinese telescope captures signs of strange civilizations
China has said its giant Sky-E telescope may have picked up signals of alien civilizations, accordin... Read more
UAE Markets
Determine the price range for the subscription of "TECOM" between 2.46 and 2.67 dirhams
Tecom Group, a subsidiary of Dubai Holding, has set the price range for an upcoming initial public o... Read more
World Markets
Oil prices react positively to the large increase in US interest rates
Oil prices rose during trading today, Thursday, with investors evaluating the future vision of suppl... Read more
World Markets
The Federal Reserve expects to raise the interest rate by a similar rate in July
Fed Chairman Jerome Powell said the decision to raise the interest rate by 75 basis points was unusu... Read more
World Markets
The Federal Reserve raises interest rates by 75 points, the largest increase since 1994
The US Federal Reserve raised interest rates by 75 basis points, the largest increase since 1994 to... Read more
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