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
Volkswagen plans to acquire a French car rental company
German car manufacturer Volkswagen is in talks to acquire French car rental company Europcar Mobi... Read more
UAE Markets
Dubai Islamic issues Sukuk with $ 300 million
Dubai Islamic Bank sold $ 300 million in reopening a Sukuk issue that is due in 2026 to subscribe... Read more
UAE Markets
Emirates NBD to cut 800 employees
Emirates NBD share rose 0.54%, to reach price of 9.15 dirhams during trading session on Wednesday... Read more
World Markets
Google invests $ 2 billion in a Polish data center
Google plans to invest about $ 2 billion in a data center in Poland specializing in cloud service... Read more
World Markets
The rise of gold to the highest level in 8 years
The price of gold climbed to its highest level in almost 8 years on Wednesday, in light of concer... Read more
Crypto currencies
Ethereum 2.0 is still ahead with developments
A recent post on the Ethereum Blog showed that version 2.0 of the network is still coming, noting m... Read more
World Markets
Sudan reached an agreement with the International Monetary Fund regarding economic reforms
The International Monetary Fund said it had reached an agreement with Sudan regarding the structural... Read more
Gulf Markets
Moody's downgrades the Sultanate of Oman to Ba3 with a negative outlook
Moody's credit rating agency downgraded the Sultanate of Oman to one grade from (Ba2) to category (B... Read more
Gulf Markets
Aldrees renews its Gas Station Management Qualification Certificate for 3 years
Al-Drees Petroleum and Transport Services (Al-Drees) announced the renewal of the qualification cert... Read more
Gulf Markets
Advanced Petrochemical distributes 140.7 million riyals in cash for the second quarter
The Board of Directors of the Advanced Petrochemical Company, in its meeting held on Tuesday, agree... Read more
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