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
Gold prices head towards $2,330 per ounce after Fed decision
Gold prices rose as the Federal Reserve took a less hawkish tone than expected, leaving interest rat... Read more
World Markets
Japan stocks close lower as investors await Fed decision
Japan's Nikkei index closed lower on Wednesday as traders remained cautious ahead of the Federal... Read more
World Markets
Oil falls for third day amid US stockpiles glut
Oil prices fell for a third day in early trading on Wednesday, as crude inventories and production i... Read more
World Markets
US stock futures fall as rate moves eyed
S&P 500 futures fell Tuesday night as investors looked ahead to the Federal Reserve's intere... Read more
World Markets
Gold falls to lowest level in a month.. Is it time to sell before the Fed decision?
Global gold prices fell during these moments of trading, today, Wednesday, to their lowest levels in... Read more
Gulf Markets
BlackRock to launch investment platform in Saudi Arabia
BlackRock, the world's largest asset manager, is planning to launch a new investment platform in... Read more
UAE Markets
Spinneys raises $375 million in IPO
Spinneys, the retail operator in the UAE, Oman and Saudi Arabia with the group’s first store schedul... Read more
UAE Markets
Abu Dhabi First Bank profits rise 6% on business growth, strong revenues
First Abu Dhabi Bank’s net profit rose nearly 6% year-on-year to AED 4.16 billion in the first quart... Read more
World Markets
Samsung's operating profit jumps more than 10-fold in 3 months
Samsung Electronics Co.'s operating profit jumped more than 10-fold year-on-year in the first qu... Read more
World Markets
Japan's Nikkei opens up 1%
Japan's Nikkei opened 1 percent higher at 38,312.66 on Tuesday, while the broader Topix index ro... Read more
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