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
"Saudi Refineries" signs two memoranda of understanding to implement projects worth more than one billion riyals
The Saudi Arabian Refineries Company (SARCO) announced the signing of two non-binding memoranda of u... Read more
UAE Markets
UAE sells 10-year dollar bonds
The UAE government has offered dollar-denominated bonds in two tranches, the first for a 10-year ter... Read more
World Markets
American concern about a possible economic recession
An economic adviser to US President Joe Biden said that the White House is concerned about the risk... Read more
World Markets
Oil prices drop 5%
Oil prices fell during trading today, Wednesday, by about 5%, heading towards recording monthly loss... Read more
Crypto currencies
Bitcoin continues to decline amid market pessimism
Bitcoin is down again, moving along with weakening stock markets amid growing concerns about a globa... Read more
Gulf Markets
Anaam Holding buys a real estate asset for 23 million riyals
Anaam International Holding has announced the company's purchase of a real estate asset in the Kingd... Read more
UAE Markets
"Alpha Abu Dhabi" and "Al Alamiah Holding" invest in "SpaceX"
Alpha Abu Dhabi Holding Company announced that it is investing $25 million in SpaceX through its sub... Read more
World Markets
Twitter's board recommends approval of Musk's acquisition
Twitter's board of directors has recommended that the company's shareholders vote to approve Elon Mu... Read more
World Markets
Musk: There are unresolved issues regarding the acquisition of Twitter
Tesla CEO Elon Musk said there were still some unresolved hurdles about his bid to take over Twitte... Read more
World Markets
Expectations of a further decline in US stocks
US stocks may fall further due to recession risks, according to strategists at Morgan Stanley and G... Read more
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