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
The rise of the dollar with expectations of keeping interest rates at high levels for a longer period
The dollar pushed the yen further downward on Thursday, August 17, after the strength of the US econ... Read more
UAE Markets
ADNOC signs an agreement to supply liquefied gas to Japan's "Japex" at $550 million
ADNOC Gas has signed a five-year LNG supply agreement with Japan Oil Exploration Company Limited (Ja... Read more
World Markets
Gold fell to its lowest level in 5 months with the rise of the dollar
Gold prices touched their lowest levels in five months, Thursday, as the dollar and US Treasury bond... Read more
World Markets
The Federal Reserve and new statements .. "We have not finished raising interest rates"
Minneapolis Federal Reserve Chairman Neel Kashkari said on Tuesday that while the US central bank ha... Read more
World Markets
The Japanese Nikkei index ended trading at its lowest level in more than two months
The Japanese Nikkei index closed trading lower and reached its lowest level in more than two months,... Read more
UAE Markets
The profits of the UAE “Union Coop” declined 31% in the first half
The profits of Union Coop declined by 31 percent year on year in the first half of 2023, compared to... Read more
World Markets
Oil decline due to Chinese growth fears, despite the scarcity of US supplies
Oil prices turned lower on Wednesday, August 16th, extending the previous session's losses of 1%... Read more
World Markets
Gold prices fell amid declining bond yields and the dollar
Gold prices fell on Tuesday, supported by a decline in bond yields and the dollar, despite expectati... Read more
World Markets
ETFs could account for 10% of Bitcoin's value in 3 years
Exchange-traded funds could account for 10% of Bitcoin's market value within three years, if the... Read more
World Markets
Binance announced the withdrawal of a number of spot trading pairs from its platform on August 17
The world's largest cryptocurrency exchange, Binance, has announced its detailed plan to pull a... Read more
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