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
Arab Contracting Company distributes 92.5 million riyals in cash dividends
The shareholders of the Arab Company for Technical Contracting approved, during the extraordinary ge... Read more
Crypto currencies
Bitcoin down 55% from its November peak
Bitcoin, the largest cryptocurrency by market capitalization, has fallen nearly 55% from its Novembe... Read more
Gulf Markets
Al-Othaim Markets increased its profits by 58% in the first quarter
The profits of Abdullah Al-Othaim Markets Company increased to 58% in the first quarter of 2022, wit... Read more
World Markets
JP Morgan: Economic growth in emerging markets will slow sharply this quarter
JP Morgan said economic growth in emerging markets will slow sharply this quarter, especially as the... Read more
World Markets
"Ali Baba" loses 26 billion dollars because of a letter!
The Chinese e-commerce giant Alibaba, co-founded by Jack Ma, saw its shares drop 9.4%, after the arr... Read more
World Markets
Ukraine intends to suspend the transit of Russian gas passing through its territory to Europe
Ukraine has said it will suspend the flow of gas passing through its territory through a transit poi... Read more
UAE Markets
"ADNOC Distribution" and "ADNOC Drilling" profits in the first quarter exceed expectations
Abu Dhabi National Oil Company for Distribution achieved an increase in profits by 6% compared to th... Read more
Gulf Markets
"Al-Othaim Investment" intends to offer 30% of its shares in the Saudi market
Abdullah Al-Othaim Al-Othaim Investment Company intends to offer part of its shares for the initial... Read more
Gulf Markets
SABIC increases its profits by 494% in the first quarter
SABIC Agricultural Nutrients Company achieved a 494% increase in net profits for the first quarter o... Read more
Crypto currencies
IMF recommends setting up a supervisory and regulatory framework for digital assets
The International Monetary Fund has turned its attention to the Bahamas' central bank digital curren... Read more
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