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
China shares fell and the yuan rose after the release of manufacturing activity data
Asian stocks fell after investors were affected by the latest set of Chinese economic reports, while... Read more
World Markets
The Euro continues to rise as chances of a rate hike in Europe increase
The euro settled at a 15-year high against the yen on Thursday, thanks to signs of continued inflati... Read more
World Markets
Gold rose to its highest levels in a month
Gold prices rose close to their highest levels in a month, Thursday, as a new batch of weak US data... Read more
World Markets
Japan's Nikkei closed at a 3-week high supported by a Wall Street rally
The Nikkei index closed at its highest level in 3 weeks on Wednesday, August 30, as investors repurc... Read more
UAE Markets
Emirates banks’ reserves grow by 12.1% by the end of June
A report issued by the UAE Central Bank revealed that the total capital and reserves of banks operat... Read more
World Markets
The dollar recovers its losses with anticipation of more indicators on the path of the US Central Bank
The US dollar recovered from some of the sharp losses it incurred in the previous session, as invest... Read more
World Markets
US stocks end Tuesday's trading on a higher note
American stock indices closed, at the end of Tuesday’s session, with gains for the third time in a r... Read more
World Markets
Gold is hovering around 3-week highs
Gold prices hovered near three-week highs on Wednesday, although fell slightly, as investors cut bet... Read more
Gulf Markets
The share of foreigners in Saudi Aramco increased to 0.41%.
The foreign ownership report issued by the Saudi market on Tuesday showed that foreign ownership in... Read more
World Markets
Oil rises thanks to indicators of declining US supplies and inventories
Oil prices rose for the fifth day in a row amid signs of another large drawdown in US stockpiles, as... Read more
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