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
Brent crude oil trades below $90 levels as US inventories rise
Oil prices fell during the trading session of Thursday, October 26, amid an increase in American inv... Read more
Gulf Markets
$488 million in First Saudi Bank’s profits in the third quarter
First Saudi Bank announced a growth in net profits by 21.5 percent during the third quarter to 1.83... Read more
World Markets
Gold shines as investor sentiment is affected by the conflict in Gaza
Gold prices rose in early trading Thursday, with investors continuing to be concerned about the conf... Read more
World Markets
Meta stock gains fade after doubts about the future of advertising
Meta Platforms warned that its advertising business is highly dependent on macroeconomic conditions... Read more
UAE Markets
ENBD profits reached $4.8 billion in 9 months...a growth of 92%
Emirates NBD Bank announced a jump in net profits during the first nine months of this year by 92 pe... Read more
World Markets
European stocks fall amid mixed corporate results and a decline in energy stocks
European stocks fell on Wednesday, as investors received a series of mixed financial results reports... Read more
World Markets
The Australian dollar tops the list of winning currencies after inflation data
The Australian dollar rose widely in the Asian market on Wednesday against a basket of global curren... Read more
World Markets
Gold struggles to break $2,000 level and weakness on demand
Gold prices varied during these moments of trading today, Wednesday, due to the decline in US Treasu... Read more
Gulf Markets
The Qatar Stock Exchange initially declined with pressure from 5 sectors
The Qatar Stock Exchange started trading on Wednesday lower, with 5 sectors under pressure. At 9:30... Read more
World Markets
Microsoft profits jump 27% as Azure services growth accelerates
Microsoft shares jumped by about 5% during trading after the close of Tuesday’s session, following t... Read more
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