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
"Thob Al Aseel" profits fell 34% in the second quarter
The net profit of Thob Al Aseel Company decreased by 34.07% to reach 34.49 million riyals after zak... Read more
Gulf Markets
Possible merger between Walaa Insurance and SABB Takaful
Walaa Insurance Company has signed a non-binding Memorandum of Understanding with SABB Takaful Compa... Read more
World Markets
Moderna shares rise to $100 billion for the first time
Moderna's market capitalization briefly soared above $100 billion, as COVID-19 vaccinations continu... Read more
World Markets
Amazon sued over dangerous products
The US Consumer Product Safety Commission (CPSC) has filed a lawsuit against Amazon to force the el... Read more
Crypto currencies
New provinces in China halt bitcoin mining
Three provinces in China have ordered a halt to cryptocurrency mining, joining a growing list of st... Read more
Crypto currencies
Powell: The Federal Reserve's issuance of a digital currency may reduce the need for private alternatives
Federal Reserve Chairman Jerome Powell said on Wednesday that one of the strongest arguments for th... Read more
World Markets
China's economy grows slower than expected in the second quarter
China's economy grew at a slower-than-expected pace in the second quarter, as manufacturing activity... Read more
World Markets
Musk to testify in court regarding Tesla's takeover of Solar City
After two days of impeachment, the billionaire founder of Tesla Electric Vehicle Company, Elon Musk,... Read more
Gulf Markets
Annual inflation in Saudi Arabia rises 6.2% in June
The annual consumer price inflation index in the Kingdom of Saudi Arabia rose by 6.2% during last Ju... Read more
UAE Markets
Mashreq Bank's profits fall 84% in the first half
The financial statements of the UAE Mashreq Bank showed a decline in the bank's profits in the first... Read more
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