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
ACWA Power Signs Power Purchase Agreement for Nukus 2 Wind Power Project in Uzbekistan
ACWA Power announced the signing of a Public-Private Partnership (PPP) Power Purchase Agreement (PPA... Read more
World Markets
Russian Central Bank: We see no better reserve currency than the Chinese yuan
Russia's central bank said it has no better options than the Chinese yuan for its foreign exchan... Read more
World Markets
The US Federal Reserve Governor confirms that there is no rush to reduce interest rates!
During his participation in the Macroeconomics and Monetary Policy Conference in San Francisco, the... Read more
World Markets
3 AI Companies Agree to Merge Their Cryptocurrencies
Three blockchain-based AI companies have announced the integration of their cryptocurrencies, in a m... Read more
Gulf Markets
90% drop in net foreign purchases in Gulf stock exchanges during 2023
Foreign trading activity in the GCC stock exchanges remained positive during 2023, despite a sharp d... Read more
UAE Markets
UAE's ADNOC Distribution shareholders approve new dividend policy
ADNOC Distribution, listed on the Abu Dhabi Securities Exchange, announced that the company’s shareh... Read more
World Markets
Nikkei falls on earnings cuts, caution over currency intervention
Japan's Nikkei share average fell on Thursday as dividend rights cuts for several stocks ahead o... Read more
World Markets
Mark Zuckerberg sells more than $16 million worth of shares in his company..
Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg recently sold a significant amount of the com... Read more
World Markets
Dollar rises after hawkish comments on US interest rates
The dollar got a boost against its major peers on Thursday as a Federal Reserve official said they a... Read more
World Markets
Oil rises as investors assess U.S. inventory data
Oil prices rose in early trading on Thursday, recovering from two straight sessions of declines as i... Read more
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