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
Saudi Arabia's foreign reserve assets decline to $438 billion by the end of September
Saudi Arabia's reserve assets declined significantly by the end of September 2023 on an annual basis... Read more
World Markets
Japan's Nikkei index opens up 1.47%
Japan's Nikkei rose at the open on Wednesday. The Nikkei rose 1.47 percent to 31,311.22 points,... Read more
World Markets
The Chinese central bank withdraws 109 billion yuan from banks due to a sudden increase in borrowing costs
China's central bank withdrew cash from the banking system, signaling that it views Tuesday'... Read more
World Markets
Gold fell ahead of the US Federal Reserve’s decision
Gold prices fell during early Wednesday trading, as investors awaited the monetary policy decision o... Read more
World Markets
Oil rises ahead of the Fed meeting as the conflict in Gaza continues
Oil prices rose in early Asian trading on Wednesday, ahead of major global central bank meetings thi... Read more
Gulf Markets
Saudi GDP fell by 4.5% in the third quarter with a decline in oil activities
Preliminary government data showed on Tuesday that Saudi Arabia's real gross domestic product fe... Read more
Gulf Markets
Profits of companies listed on the Qatar Stock Exchange fell 7.7% by the end of the first nine months of 2023
Profits of companies listed on the Qatar Stock Exchange during the first nine months of 2023 decreas... Read more
UAE Markets
Dubai Financial Market Company’s profits increased by about 189% to 74 million dirhams in the third quarter of 2023
The Dubai Financial Market Company announced its consolidated financial results for the period endin... Read more
World Markets
Oil rises amid supply concerns overshadowed by weak Chinese data
Oil prices rose in Asian trading on Tuesday, October 31, after falling more than 3% in the previous... Read more
World Markets
The value of "X" drops to less than half the price of the "Twitter" deal.
The social media platform X, formerly known as Twitter, is worth less than half the amount Elon Musk... Read more
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