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
In one month, Nvidia's market value jumps $300 billion
Shares of the chip company Nvidia achieved strong gains during the first month of 2024, as they cont... Read more
Gulf Markets
Solutions acquires 40% of Devoteam Middle East at a value of 741.7 million riyals
The Arab Internet and Communications Services Company - Solutions announced that on February 1, 2024... Read more
World Markets
Federal Reserve Chairman rules out the possibility of cutting interest rates in March
Federal Reserve Chairman Jerome Powell on Wednesday strongly opposed the idea that the central bank... Read more
UAE Markets
First Abu Dhabi's profits exceed expectations, supported by interest and operating income
The largest bank by market value in the UAE achieved better-than-expected profits during 2023, suppo... Read more
World Markets
Japan's Nikkei index declines after hopes for a rate cut in March decline
Japan's Nikkei index closed lower on Thursday, as investors became frustrated after statements b... Read more
World Markets
Tesla opens a battery factory in America with Chinese equipment
Tesla is moving to expand its battery production operations in Nevada, where it will open a small fa... Read more
World Markets
The International Monetary Fund releases $4.7 billion to Argentina
The International Monetary Fund agreed, on Wednesday, to release a new $4.7 billion to Argentina, pr... Read more
World Markets
Oil prices rise amid signs of a US interest rate cut
Global oil prices rose in early trading Thursday, supported by signals from the Federal Reserve abou... Read more
World Markets
Gold shines on hopes of lowering US interest rates this year
Gold prices rose on Thursday, and investors held on to their hopes that the Federal Reserve would cu... Read more
World Markets
Chinese stocks fall to their lowest levels in 5 years
Chinese shares fell to their lowest level in five years, while Australian shares broke all-time reco... Read more
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