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
Gulf Markets
128.6 million riyals, losses of "Jabal Omar" in the second quarter
The financial statements of Jabal Omar Development Company revealed that the company turned into a l... Read more
Gulf Markets
Al-Othaim Markets profits fell 2.7% in the second quarter
The profits of Abdullah Al-Othaim Markets Company decreased by 2.71% after zakat and tax to about 46... Read more
World Markets
Gold may rise above $2000
An expert stated that gold may rise above $2000 an ounce in the year 2023 due to rising inflation, w... Read more
UAE Markets
UAE's G42 invests $10 billion in technology
The G42 Group, which specializes in artificial intelligence and cloud computing technology in the UA... Read more
World Markets
India increases imports of Saudi oil at Russia's expense
Data from commercial and industrial sources showed that India's imports of crude oil from Russia... Read more
UAE Markets
Brazilian company rejects UAE's Mubadala's takeover of Burger King
Zamp, the owner of Burger King in Brazil, said that its board of directors rejected the takeover off... Read more
Gulf Markets
Chemanol's profits jump 53% in the second quarter to 92 million riyals
The financial statements of Methanol Chemicals Company (Chemanol) showed an increase in the company&... Read more
World Markets
Musk denies plans to buy Manchester United
Yesterday, Elon Musk denied his intention to buy Manchester United after a previous tweet on Twitter... Read more
Crypto currencies
Cryptocurrency thefts will increase 60% in 2022
A recent report from blockchain network analysis firm Chainalysis stated that $1.9 billion worth of... Read more
World Markets
Norway's wealth fund loses $174 billion in first half
Norway's largest sovereign wealth fund in the world said it lost 1.68 trillion Norwegian crowns ($17... Read more
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