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
Gulf Markets
“Wafra Industry” shareholders approve the capital reduction 61.4%
The extraordinary general assembly of Wafra Industrial and Development Company decided to reduce th... Read more
World Markets
"International Monetary" loan to Morocco 3 billion dollars to meet the repercussions of "Corona"
Morocco announced borrowing $ 3 billion from the International Monetary Fund as part of a proactive... Read more
World Markets
US stocks rise after Sanders withdrew from the presidential race
US stocks rose at the end of trading on Wednesday, after Senator Bernie Sanders withdrew from the pr... Read more
Gulf Markets
The general assembly of Alinma Bank agrees to increase the capital
The extraordinary general meeting of the Development Bank agreed to increase the bank’s capital, du... Read more
World Markets
Airbus cuts a third of its aircraft production
Airbus, the aircraft maker, decided to cut its aircraft production by a third due to the Corona... Read more
Gulf Markets
"Fitch" confirms Kuwait's rating at AA with a stable outlook
Fitch Rating Agency has confirmed the sovereign credit rating of Kuwait for the year 2020 at the... Read more
World Markets
The European Central eases funding rules
The European Central Bank has unprecedentedly eased the terms of guarantee to support lending dur... Read more
World Markets
America is considering issuing "war bonds" to confront Corona
The US administration is looking into issuing military treasury bonds to fund anti-Corona virus m... Read more
UAE Markets
Chief Emaar denies major projects being halted
Muhammad Al-Abbar, Chairman of Emaar Real Estate Company, ridiculed reports that the company stop... Read more
UAE Markets
Arabtec Holding appoints new CEO
Arabtec Holding Company appointed Wael Farsakh as the new CEO to succeed Peter Pollard. Acco... Read more
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