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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
Saudi Arabia towards increasing oil production
This post has been translated over google translator from original post in arabic
Eng. Khaled Al-Falih, Minister of Energy, Industry and Mineral Resources, said that Saudi Arabia’s oil production in next April will be higher than that of this March.
According to Reuters, the Minister of Energy expected during his visit to New Delhi, to increase global demand for oil this year by about 1.5 million barrels per day.
Al-Falih added, “We will be watching the oil market situation by next June and dealing with the matter appropriately.
He pointed out that the Chinese demand for oil is setting records, expecting to break the barrier of 11 million barrels per day this year.
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