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
UAE Markets
The UAE's Vertiglob distributes $275 million in profits for the first half of 2023
Vertiglob Company announced that its Board of Directors approved the distribution of cash dividends... Read more
Gulf Markets
639 million riyals, net foreign purchases of Saudi stocks within a week
Foreign and Gulf investors recorded net purchases during their dealings in the Saudi stock market, T... Read more
Gulf Markets
Saudi Aramco’s profits declined by about 23% in the third quarter of 2023 to 122 billion riyals
Saudi Aramco's profits in the third quarter of 2023 declined by about 23% to levels of 122.2 bil... Read more
UAE Markets
Abu Dhabi Islamic seeks to issue green dollar sukuk for a period of 5 years
Abu Dhabi Islamic Bank intends to issue unsecured green sukuks denominated in US dollars under the u... Read more
World Markets
The Egyptian Stock Exchange seeks to launch an Islamic stock index in the first half of 2024
The Egyptian Stock Exchange seeks to launch an index compatible with Islamic law during the first ha... Read more
World Markets
Gold declines under pressure from bonds... and the decline may expand towards a major support level
Gold prices fell during these moments of trading, today, Monday, due to a slight rise in US bond yie... Read more
World Markets
US stock futures rose slightly at the beginning of the week's trading
US stock futures rose slightly at the start of the week's trading after major indices recorded t... Read more
World Markets
Asian stocks rise amid a bet on US interest rates being close to their peak
Asian stocks rose after their US counterpart rose, along with bonds, last Friday, as investors incre... Read more
Gulf Markets
Saudi Arabia fixes the selling price of oil to Asia in December
Saudi Aramco kept the official selling price of Arabian Light crude to its customers in Asia during... Read more
World Markets
Gold suffers its first weekly loss in a month
The yellow metal, despite its rise on Friday, failed to maintain its weekly gains, which continued f... Read more
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