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 stabilize as traders await statements from US Central Bank officials
Gold prices stabilized on Wednesday as traders awaited comments from a large number of Federal Reser... Read more
UAE Markets
One billion dollars in historical profits for “ADNOC Distribution” in 2023
ADNOC Distribution, listed on the Abu Dhabi Financial Market, announced on Wednesday that it has rec... Read more
World Markets
The dollar bows after a strong rally supported by the jobs report
The dollar stabilized in Wednesday's trading, after declining from the highest level in almost t... Read more
Gulf Markets
Stock indices in Saudi Arabia rose by about 0.39% at the end of today’s session.
Stocks in Saudi Arabia closed higher at the end of trading on Tuesday, as indices moved higher, as g... Read more
World Markets
Gold is trying to rise, taking advantage of the tensions in the Middle East...and anticipating the Federal Reserve’s statements
Gold prices rose from their lowest levels in nearly two weeks on Tuesday, as dollar and Treasury yie... Read more
UAE Markets
The Emirati house seeks to invest 5 billion dirhams to develop assets in Abu Dhabi
Aldar Properties intends to invest 5 billion dirhams to develop a group of income-generating assets... Read more
World Markets
Powell expects to cut US interest rates three times in 2024
The Federal Reserve is expected to make three interest rate cuts this year, according to statements... Read more
UAE Markets
$16.4 billion in revenues for “International Holding” in 2023
International Holding, listed on the Abu Dhabi Financial Market, announced its preliminary unaudited... Read more
UAE Markets
Abu Dhabi is considering buying a stake in a unit of the Chinese “Wanda”.
The Abu Dhabi Investment Authority is considering buying a minority stake in the mall operator of Da... Read more
Gulf Markets
Standard & Poor's expects credit to Saudi banks to grow by up to 9% during 2024
Standard & Poor's credit rating agency expected credit growth for Saudi banks at a rate rang... Read more
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