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
European shares decline and strict measures from the European Central
European shares fell on Monday, with major markets falling and investors wary of tough measures from... Read more
Gulf Markets
"Ground services" losses fell 28.2% in the second quarter
The losses of the Saudi Ground Services Company for Ground Services decreased by 28.24% in the secon... Read more
World Markets
China cuts lending rates for the second time in a week
China cut key lending rates again on Monday, one week after cutting interest rates in a surprise mov... Read more
World Markets
The dollar index rose to its highest level in 5 weeks
The US dollar index hit a 5-week high on Monday, after another US Federal Reserve official indicated... Read more
Gulf Markets
5.5 billion riyals, profits of "Saudi Electricity" in the second quarter
The financial statements of the Saudi Electricity Company revealed a decline in the company's pr... Read more
Gulf Markets
The "Pharmaceutical" incurred losses of 51.7 million riyals in the second quarter
The Saudi Company for Pharmaceutical Industries and Medical Appliances incurred losses amounting to... Read more
Gulf Markets
SADAFCO increases profits by 48% in the second quarter
The quarterly profits of the Saudi Dairy and Food Products Company increased by 48.11% to reach 56.2... Read more
UAE Markets
Emaar Properties sells Namshi for $335 million.
The board of directors of Emaar Properties has agreed in principle to sell Namshi to Noon for $335 m... Read more
Crypto currencies
The CEO of "Binance" worries traders.. Find out why
The CEO of crypto exchange Binance, Zhang Ping (CZ) Zhao, alarmed traders after learning about the s... Read more
World Markets
"Concorde" dreams renewed thanks to the "American Airlines" deal
American Airlines is placing a bet on a future in which supersonic aircraft may return to the skies,... Read more
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