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
Gulf Keystone plans to lay off 40% of workers
Gulf Keystone Petroleum said on Friday it would cut about 40% of its workforce as the London-listed... Read more
World Markets
Is Lufthansa selling "Brussels Airlines" or letting them go bankrupt?
The La Libre newspaper reported Friday, quoting unnamed Lufthansa sources, that the airline may let... Read more
World Markets
Elon Musk promises to sell all his belongings
Billionaire billionaire Elon Musk, who heads Tesla and SpaceX, has announced the start of one of... Read more
Gulf Markets
Saudi Arabia allows the return of all economic activities
The Saudi government allowed the return of all economic activities, and lifted the curfew starti... Read more
UAE Markets
Moody's adjusts its view of eight Emirati banks to "negative"
Moody's credit rating agency adjusted the outlook for eight Emirati banks from stable to negative... Read more
World Markets
Infographic: Countries with the highest sovereign wealth funds
The United Arab Emirates ranked very well in the report of the SWF Institute, as it ranked second af... Read more
Gulf Markets
Saudi Aramco cuts hundreds of jobs
The Saudi Aramco company has begun the layoffs of hundreds of employees during this month, in lig... Read more
Gulf Markets
25 million riyals, profits of "Al Hammadi Development" in the first quarter
Al Hammadi Company for Development and Investment achieved 3.2% growth in first quarter 2020 pro... Read more
World Markets
SoftBank invests $ 19.5 million in a British company
The Wireless Unit of the Japanese SoftBank Group led a $ 19.5 million investment in the Split Gr... Read more
Gulf Markets
16.8 million riyals, "Arab Pipes" losses in the first quarter
Saudi Arabian Pipe Company recorded losses of 16.8 million riyals in the first quarter of 2020,... Read more
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