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
The Australian Central Bank raises interest rates by a quarter of a percentage point
Australia's central bank indicated that there has been a pause in the 10-month tightening cycle,... Read more
UAE Markets
Emirates Global Aluminum profits exceed two billion dollars in 2022
Emirates Global Aluminium, one of the world's largest aluminum producers, said on Tuesday that its a... Read more
World Markets
Brent crude prices maintain daily gains since May 2022
Oil prices rose in early Tuesday trading, after industry executives cited concerns about a lack of s... Read more
World Markets
A high opening for European stocks and a jump for Telecom Italia shares
European stocks started trading higher on Monday, and Telecom Italia shares jumped to the top of the... Read more
UAE Markets
"Emaar Development" shares jumped 14% with the support of the dividend
The share of Emaar Development Company, listed on the Dubai Financial Market, jumped during the begi... Read more
Gulf Markets
Raising the prices of crude oil supplies from Saudi Arabia to Asia and Europe
Saudi Arabia has raised the prices for its shipments of crude oil to Asia and Europe, a sign that it... Read more
World Markets
Gold fell after data boosted the dollar's strength
Gold prices incurred losses in early trading, Monday, as the dollar rose, with the release of a new... Read more
World Markets
Half of Russia's revenues from the sale of oil and gas declined in February 2023
Russia's revenues from oil and gas, which represent the main support for the state treasury, dec... Read more
Gulf Markets
Hail Cement net profit decreased by 61.3% in 2022
Hail Cement Company recorded a decline of 61.29% in net profits during 2022, compared to the company... Read more
World Markets
Federal Reserve: Raising interest rates is necessary to control inflation
The Fed said that inflation remains high and that more rate hikes are necessary to bring it under co... Read more
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