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
OPEC+ considers extending voluntary oil production cuts
OPEC+ will consider extending voluntary oil output cuts into the second quarter of 2024 to provide a... Read more
UAE Markets
Dubai Islamic Bank issues $1 billion sustainable sukuk
Dubai Islamic Bank announced the issuance of sustainable sukuk worth $1 billion, with a maturity per... Read more
World Markets
European stocks rise on miners, earnings outlook
European shares rose slightly on Tuesday, led by gains in basic resources stocks and an improved ear... Read more
World Markets
Oil rises on supply concerns as shipping disruptions persist
Oil prices rose in early Asian trading on Tuesday, extending gains for a third straight day after sh... Read more
World Markets
Gold prices rose during the Asian session
Gold futures rose during the Asian session on Tuesday. According to the Comex classification of the... Read more
Gulf Markets
Before Ramadan... UAE banks reduce interest rates on personal loans and some financing
Banks operating in the UAE have started offering seasonal offers in preparation for the holy month o... Read more
World Markets
Bitcoin Price Surpasses $57K for First Time Since Late 2021
Bitcoin price has returned to above $57,000 for the first time since late 2021, supported by investo... Read more
Gulf Markets
"Al-Bank Al-Awwal" recommends purchasing a number of its shares and allocating them to the employee incentive stock program
The Board of Directors of the Saudi First Bank recommended, during its meeting held yesterday, Monda... Read more
UAE Markets
Dubai Investment Fund expects to offer 24.99% of Parkin
Parkin announces intention to float on Dubai Financial Market * Dubai Investment Fund expects to flo... Read more
World Markets
European stocks fall ahead of busy week of economic data
European stocks opened lower on Monday as dollar-denominated commodities lost traction in the face o... Read more
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