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
"Saptco" losses decreased by 96% in the first quarter
The Saudi Public Transport Company - SAPTCO recorded a decrease in losses by 96.16% during the fi... Read more
Gulf Markets
Bin Dawood's profits grow 5% in the first quarter
Bin Dawood Holding Company achieved a 5.3% increase in net profits for the first quarter of 2022... Read more
World Markets
SpaceX begins a new round to raise huge funding
SpaceX is raising huge funding in a new round, which has raised the valuation of US billionaire Elon... Read more
World Markets
Oil prices rise amid tight supplies, weak dollar
International oil prices rose in morning trading, on Monday, as demand for fuel in the United States... Read more
UAE Markets
Borouge sets the initial public offering price at AED 2.45
Borouge Petrochemical said on Monday it had set the offer price for its initial public offering, whi... Read more
Gulf Markets
A consortium led by STC to establish a cloud computing company
The Saudi Telecom Company (STC) has signed a partnership agreement with four companies to establi... Read more
UAE Markets
Borouge's profit fell 14% in the first quarter
The UAE petrochemical company, Borouge, recorded a 14% decline in profits for the first quarter o... Read more
Gulf Markets
Budget Saudi Arabia increases profits by 25% in the first quarter
The United International Transportation Company (Budget Saudi Arabia) achieved a 24.7% increase i... Read more
Crypto currencies
Lagarde: Cryptocurrency is based on nothing and should be regulated
European Central Bank President Christine Lagarde has said digital currencies are based on nothing a... Read more
World Markets
Hyundai invests $5 billion in the United States
South Korea's Hyundai Motor Group said it plans to invest an additional $5 billion in the United Sta... Read more
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