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 falls to lowest in more than 2 weeks as Middle East concerns ease
Gold prices fell on Tuesday to their lowest in more than two weeks as fears of a wider conflict in t... Read more
UAE Markets
Spinneys seeks to raise Dh1.4 billion from offering 25% of its shares in Dubai
Spinneys 1961 Holding is seeking to raise up to Dh1.4 billion ($375 million) from a 25% stake sale o... Read more
World Markets
Saudi Aramco in talks to buy 10% of China's Hengli
Saudi Aramco said it is in talks to acquire a 10 percent stake in Chinese petrochemical company Heng... Read more
World Markets
European markets open higher, supported by anticipation of major banks’ results
European shares opened higher on Monday as traders awaited earnings from several major banks, while... Read more
UAE Markets
Today.. "Parkin" joins 3 indices in the Dubai Financial Market
Dubai Financial Market announced that Parkin has joined the general index, the Islamic index and the... Read more
World Markets
Gold price falls as Middle East tensions ease
Gold prices fell as geopolitical tensions in the Middle East eased, reducing demand for the precious... Read more
Gulf Markets
TASI Index Continues to Rise for Second Session, Amid Declining Liquidity
The Saudi Stock Exchange ended yesterday's session in the green, continuing its gains for the se... Read more
World Markets
US stock futures rise at start of week
U.S. stock futures rose slightly at the start of trading this week, after the Nasdaq fell more than... Read more
World Markets
Oil prices continue to decline despite Middle East risks
Oil prices fell after their first consecutive weekly decline this year, as traders assessed the poss... Read more
Gulf Markets
Saudi Public Investment Fund acquires 51% of STC Group’s Tawal
The Public Investment Fund of Saudi Arabia and STC Group have signed final agreements through which... Read more
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