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
UAE Markets
Reducing the quarterly losses of Gulf Navigation Holding by 83%
Gulf Navigation Holding reduced its quarterly losses by 83% to reach 4.2 million dirhams in the seco... Read more
Gulf Markets
The share of "Naki Water" rises 26.9% in its first trading in the Saudi market
The shares of Naqi Water Company began trading today in the main Saudi stock market, becoming the te... Read more
World Markets
Gold falls and the dollar rises
The dollar rebounded and gold prices fell on Monday, amid expectations that the Federal Reserve will... Read more
World Markets
China's central bank unexpectedly cuts key interest rate
China's central bank unexpectedly cut a key interest rate for the second time this year and pull... Read more
Gulf Markets
Inflation in Saudi Arabia rises by 2.7% in July
The annual inflation rate in Saudi Arabia rose to 2.7% last July, the highest level in a year, compa... Read more
Gulf Markets
L'azurde's profits rise 22% in the first half to 22.2 million riyals
The financial statements of L'azurde Company for Jewelry showed an increase in the company's... Read more
Crypto currencies
Bitcoin exceeds $25,000
For the first time since mid-June, Bitcoin briefly crossed $25,000, and the momentum was continued b... Read more
UAE Markets
Emaar Properties increases its profits by 66% in the first half
The quarterly profits of Emaar Properties increased by 128%, to record 2.06 billion dirhams, compare... Read more
UAE Markets
A loan of 17 billion dirhams for the UAE company "Nakheel"
The developer of Dubai's artificial islands, Nakheel, will raise a loan of about 17 billion dirhams... Read more
World Markets
Damaged rice production in India threatens global trade
India's rice production could be hit this year, as poor rains in key growing regions slash plant... Read more
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