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
European car sales fell 17.6% in August
New cars in Europe recorded a decline during the months of July and August, but not at the same... Read more
Gulf Markets
Saudi "Guest Houses" and "Awqaf" establish a special purpose company
The Guest House Company announced that it has completed yesterday, Wednesday, the signing of the fi... Read more
Crypto currencies
Bitcoin may have a bigger supply in light of the US rate cut
It seems that the value of the Bitcoin Digital Currency (BTC), the most famous and largest market v... Read more
UAE Markets
UAE's "TAQA" offers a $ 294 million private bond
The Abu Dhabi National Energy Company (TAQA) announced the launch of private bonds worth 1.08 billi... Read more
World Markets
Trump expects to start distributing a vaccine against "Corona" next month
US President Donald Trump expected yesterday, Wednesday, that a vaccine against the emerging corona... Read more
World Markets
$ 200 billion may exit the stock market
It is possible that global stock markets will face a major crisis through the direction of pensi... Read more
Gulf Markets
Saudi Salik increases its stake in Brazilian "Minerva Foods"
The Saudi Company for Agricultural Investment and Animal Production (Salik) increased its stake... Read more
Gulf Markets
Saudi "ACIG" amortizes all its accumulated losses
The United Cooperative Insurance Group (ACIG) announced the reduction of its accumulated losses... Read more
World Markets
British Airways plans to cut 10,000 jobs
British Airways expects that 10,000 jobs will be cut due to the Corona pandemic. According... Read more
UAE Markets
Abu Dhabi Investment Authority acquires 5.05% in Shinier Energy
The Abu Dhabi Investment Authority, in a disclosure to the US Securities and Exchange Commission... Read more
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