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
Aldrees profits rise 30% in the third quarter to 61.7 million riyals
The financial statements of Al-Drees Petroleum and Transport Services Company revealed an increase i... Read more
World Markets
Record profits for US airlines in the third quarter
US airlines posted record profits in the third quarter of 2022 after a stronger dollar drove America... Read more
UAE Markets
The Emirati "Bayanat" intends to offer 28.5% of its shares for subscription
The Emirati Bayanat Company intends to offer a 28.5% stake in its shares for public subscription, in... Read more
Gulf Markets
"Investment Fund" is acquired by "Zain" Business Ltd.
Zain Saudi Arabia announced the transfer of the ownership of its subsidiary Zain Business Limited to... Read more
Crypto currencies
Bitcoin Mining Reserves Fall to 12-Year Lows
Recent data revealed that the amount of bitcoin held by miners fell to its lowest level in 12 years,... Read more
UAE Markets
The UAE is the first in the Gulf in new projects, with $3.7 billion
The United Arab Emirates topped the Gulf Cooperation Council countries as the largest market for new... Read more
World Markets
Bank of England Governor: We will not hesitate to raise interest rates to meet the inflation target
Bank of England Governor Andrew Bailey said that the Bank will not hesitate to raise rates to meet t... Read more
Gulf Markets
"Riyadh Cables" intends to offer its shares for public subscription
Riyadh Cables Group intends to offer its shares for an initial public offering in the Saudi market,... Read more
Gulf Markets
Inflation in Saudi Arabia rose 3.1% in September
The inflation rate in Saudi Arabia increased by 3.1% in September 2022, compared to the same month l... Read more
World Markets
Inflation in Germany is at its highest level in history
Recent economic data revealed that the inflation level in Germany rose during the month of September... Read more
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