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
Lebanese depositors may not get all of their money
A senior French official stated that Lebanese banks may face difficulty adhering to the principl... Read more
Gulf Markets
Gulf International Bank plans to sell $ 500 million in bonds
Gulf International Bank intends to sell five-year bonds worth $ 500 million, and the bank has re... Read more
Crypto currencies
Transferred more than 7.6 billion Cardano to Binance as the price drops 31%
Data from Flipside Crypto showed that 7.6 billion more Cardano cryptocurrencies were transferred to... Read more
Gulf Markets
"Al-Dawaya" sells a portion of its investment portfolio of 482 million riyals
The Saudi Company for Drug Industries and Medical Appliances (SPIMACO Pharmaceuticals) announced th... Read more
Gulf Markets
Saudi "Aslak" distributes 35.1 million riyals in cash dividends
The Union Wire Factories Company announced the decision of the Board of Directors to distribute cas... Read more
World Markets
Hurricane season in the United States raises oil prices
Oil prices rose by about 3% on Tuesday; With supplies affected by the hurricane season in the Unite... Read more
UAE Markets
Emirates Islamic Bank issues dollar bonds
Emirates Islamic Bank has appointed banks to arrange the issuance of dollar-denominated Sukuk wi... Read more
World Markets
Lufthansa shrinking aircraft fleet and jobs
Sources reported to Reuters that the German airline Lufthansa had reduced its fleet by 130 aircr... Read more
Gulf Markets
Boubyan Petrochemicals profit increased 14% in the first quarter
Boubyan Petrochemical Company achieved a 14% growth in profits for the first quarter ending on J... Read more
Gulf Markets
STC intends to put its unit of solutions in a public offering
Saudi Telecom Company (STC) is addressing banks to offer its solutions unit in an IPO. Acc... Read more
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