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
Saudi Tadawul profits up 122% in Q1 2024
Saudi Tadawul's net profits rose by 121.9% in the first quarter of this year. According to data... Read more
UAE Markets
UAE: New gas field discovered in Sharjah with "promising quantities"
The Sharjah Oil Council announced a new gas discovery in the Hudaybah field, located north of the Sa... Read more
World Markets
The Fed's Next Move After Friday's Employment Data
Employment data on Friday showed the U.S. economy created fewer jobs than expected in April, raising... Read more
Gulf Markets
Aramco, Sonatrach cut LPG selling price in May
Saudi Aramco and Algeria's Sonatrach have cut their official selling prices for liquefied petrol... Read more
World Markets
Yen retreats after sharp gains that traders attributed to authorities' intervention
The yen fell against the dollar in early trading on Thursday, reversing course after a surprise rise... Read more
World Markets
US Treasury yields fall after Powell rules out rate hike
The world's largest bond market rose after Jerome Powell downplayed the likelihood of raising in... Read more
World Markets
Asian stocks fall after Fed decision, yen continues to fall
Asian stocks fell after Federal Reserve Chairman Jerome Powell downplayed the likelihood of further... Read more
World Markets
Oil prices rise on possible replenishment of US strategic reserve
Oil prices rose on Thursday on expectations that the United States will start buying crude to replen... Read more
Gulf Markets
TASI starts May trading in the red zone, amidst a decline in major sectors
The Saudi Stock Exchange ended trading yesterday's session, Wednesday (the first session of May)... Read more
World Markets
The Federal Reserve keeps interest rates unchanged for the sixth time.
In a move in line with expectations, the US Federal Reserve kept interest rates unchanged on Wednesd... Read more
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