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 Gives Up Its All-Time High But Holds Above $2,100
Gold prices fell in early trading on Wednesday but held above $2,100 an ounce, after rising bets on... Read more
UAE Markets
First Abu Dhabi Bank approves $2.1 billion annual dividends
First Abu Dhabi Bank (FAB) held its annual general assembly meeting today, during which participants... Read more
World Markets
Fed: Interest rate cut will be only once in Q3, then we will pause
Atlanta Federal Reserve President Raphael Bostic said he expects the Fed's first interest rate c... Read more
World Markets
Japan's Nikkei closes flat amid buying of falling stocks
Japan's Nikkei share average recouped most of its early losses to close flat on Tuesday, March 3... Read more
UAE Markets
UAE PMI rises to 57.1 in February from 56.6 in January
The UAE Purchasing Managers' Index (PMI) rose to 57.1 points in February, supported by the large... Read more
World Markets
Oil prices fall as concerns grow over China's economy
Oil prices fell as signs of macroeconomic weakness — particularly in China, the largest importer — o... Read more
UAE Markets
Parkin Emirates sets IPO price range between AED 2 and AED 2.1 per share
The Emirati company, Parkin, announced that it has set the price range for the offering between AED... Read more
World Markets
Asian stocks fall as investors worry about China's economy
Asian stocks fell broadly on Tuesday, with investors focused on China, where officials announced an... Read more
World Markets
Gold above $2,100 an ounce, focus shifts to Powell testimony
Gold prices hovered near a three-month high in early Tuesday trading, supported by weak U.S. manufac... Read more
Gulf Markets
TASI loses more than 80 points so far.. and SAL jumps after the company's earnings are revealed
The main Saudi stock market index, TASI, declined during these moments of trading, Monday, losing mo... Read more
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