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
World Markets
The Japanese yen falls to its lowest level in four decades against the dollar.
The Japanese currency fell below 163 against the dollar for the first time since 1986, continuing it... Read more
World Markets
Cryptocurrencies decline as US-Iranian tensions escalate, with Bitcoin falling below $66,000.
Cryptocurrencies came under selling pressure during Wednesday's trading, as investors' appet... Read more
World Markets
Gold price surpasses $4100, with bets on continued rise.
Gold continued its gains, supported by buying on the dip, although escalating tensions in the Middle... Read more
World Markets
Oil prices rise above $95 a barrel as supply risks escalate.
Oil prices continued their gains after President Donald Trump downplayed the likelihood of near-term... Read more
World Markets
Iran war is depleting US oil reserves; stockpiles at their lowest level since 1983
Crude oil stocks in the U.S. Strategic Petroleum Reserve fell by about 5.1 million barrels last week... Read more
World Markets
The dollar is edged lower as markets weigh Middle East tensions against US inflation data.
The US dollar edged lower on Tuesday, as markets weighed escalating tensions in the Middle East agai... Read more
UAE Markets
ADNOC invests $6.2 billion to increase gas production from a field in Abu Dhabi
ADNOC has approved a $6.2 billion (AED 22.6 billion) investment to develop the gas cap of the Umm Sh... Read more
World Markets
Goldman Sachs: Hormuz disruptions could push Brent crude above $120 a barrel
Brent crude prices could exceed $120 a barrel by the fourth quarter of the year if shipping disrupti... Read more
World Markets
Gold rises, supported by buying demand amid falling prices.
Gold prices touched their highest level in a week due to dip buying, while traders watched developme... Read more
World Markets
Oil prices are rising, with Brent crude surpassing $90.
Oil prices turned higher during trading on Tuesday, July 21, as markets balanced reports of mediatio... Read more
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