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
"World Bank" increases aid to 14 billion dollars to meet "Corona"
The Executive Boards of the World Bank and the International Finance Corporation (IFC) today approve... Read more
Gulf Markets
Moody's confirms BSF ratings with a negative outlook
Moody's Investors Service yesterday confirmed long-term deposit ratings in category A1 and short-ter... Read more
Gulf Markets
Saudi Arabia cuts the 2020 budget by less than 5%
The government of the Kingdom of Saudi Arabia agreed to reduce the budget for the current year by l... Read more
UAE Markets
UAE prevents entry to foreigners due to Corona
The UAE imposed extensive restrictions on entering the country to contain the outbreak of the Cor... Read more
World Markets
ILO: Corona could destroy 25 million jobs
The International Labor Organization (ILO) expects the Corona virus epidemic to spark a global ec... Read more
World Markets
US crude fell to its lowest level in 18 years
Oil prices tumbled on Wednesday, and US crude futures fell to the lowest level in 18 years, while... Read more
World Markets
Investor exits drop the Nikkei to its lowest level in 3 and a half years
The Nikkei index fell to its lowest closing level since November 2016 due to concerns over the sp... Read more
World Markets
Brent crude is expected to drop to $ 20 in the second quarter
Goldman Sachs expects Brent crude price in the second quarter to drop by a third to $ 20 a barrel... Read more
Gulf Markets
Qatar Airways layoffs 200 employees
This week, Qatar Airways has sacked nearly 200 employees, all of whom are Filipino citizens resid... Read more
World Markets
Samsung expects drop in smart phone sales due to SK
Samsung Electronics said that the spread of the Corona virus will harm smart phone and electronic... Read more
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