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
Japan's stocks recorded the largest daily decline in 2023, after downgrading America's credit rating
Japanese stocks posted their largest daily decline in percentage terms this year, as caution spread... Read more
UAE Markets
UAE Fertiglobe profits fell by more than 81% in the second quarter of 2023
The net profit of Fertiglobe, listed on the Abu Dhabi market, decreased by 81.5% during the second q... Read more
World Markets
Binance burns 1.41 billion LUNC tokens in its 12th batch
The world's largest cryptocurrency exchange Binance has burned 1.41 billion Terra Luna Classic (LUNC... Read more
World Markets
New statements from the Federal Reserve regarding interest and inflation surprise the markets.
Atlanta Federal Reserve Bank President Rafael Bostick on Tuesday urged the US Federal Reserve to be... Read more
World Markets
The largest decline in “OPEC” production since 2020, with Saudi Arabia increasing cuts
OPEC crude oil production fell by the most in 3 years after Saudi Arabia cut its production further... Read more
World Markets
Oil rose more than 1% after a sharp decline in US inventories
Oil prices rose more than 1 percent on Wednesday, and were trading near their highest levels since A... Read more
World Markets
Bitcoin falls below $29,000
Bitcoin price fell to its lowest level in almost over a month as the cryptocurrency market experienc... Read more
UAE Markets
Dubai is among the top 4 global financial centers
Sheikh Maktoum bin Mohammed bin Rashid, First Deputy Ruler of Dubai, Deputy Prime Minister and Minis... Read more
World Markets
The decline in gold prices .. and important data on the interest path
Gold prices fell during these trading moments on Tuesday, as the US dollar rose, as investors looked... Read more
UAE Markets
The profits of the Emirati “Aldar Properties” grow by 49% in the second quarter of 2023
The net profit of Aldar Properties increased by 49% to reach about 1.2 billion dirhams in the second... Read more
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