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
Microsoft acquires Clipchamp after the failed TikTok deal
Microsoft has acquired Clipchamp, a software startup that consumers and business professionals can... Read more
Gulf Markets
120 million riyals, distributions of "Riyadh Cement" for the first half
The management of Riyadh Cement Company decided to distribute cash dividends to the company's shareh... Read more
World Markets
BlackRock raises $1 billion for its China fund
BlackRock, the world's largest asset manager, has raised 6.7 billion yuan ($1 billion) for its first... Read more
UAE Markets
Abu Dhabi issues dollar bonds for the second time this year
The Emirate of Abu Dhabi is returning to the international debt markets for the second time this ye... Read more
Gulf Markets
$2.58 billion in credit facilities for the Saudi Electricity Company.
The Saudi Electricity Company has signed a $2.577 billion revolving credit facility. According t... Read more
Gulf Markets
The production of the electric car "Lucid" will start in Saudi Arabia in 2024
Saud Al-Askar, deputy governor of the Saudi Standards Authority, confirmed that Lucid Electric V... Read more
Crypto currencies
A painful loss for “Bitcoin” after the turbulent El Salvador experience
Bitcoin took losses today after tumbling amid El Salvador's troubled adoption of the largest cryp... Read more
World Markets
German industrial production rises after three months of decline
Germany's industrial production continues to rise in July after three consecutive months of decline... Read more
UAE Markets
299 million dollars in real estate sales in Dubai in one day
Yesterday, Monday, real estate transactions in Dubai amounted to more than 1.1 billion dirhams (29... Read more
Gulf Markets
Gulf Insurance acquires AXA Gulf in Bahrain
AXA Cooperative Insurance Company has completed the sale of AXA Mediterranean Holding Company's 18%... Read more
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