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
Goldman Sachs raises its forecast for US economic growth
Goldman Sachs raised its forecast for US economic growth in the third quarter of this year by 1% to... Read more
World Markets
“OPEC +” decides to reduce production by two million barrels per day, starting from November
OPEC + issued a statement, yesterday, Wednesday, in which it clarified that the group’s ministers de... Read more
Gulf Markets
Saudi Investments begins subscribing the first green bonds
Today, Wednesday, the Saudi Public Investment Fund (PIF) began receiving orders to sell green bonds... Read more
Gulf Markets
"Arabia Pledges" distributes 19% cash dividends
The Ordinary General Assembly of the Arab Technical Contracting Company approved, on Tuesday, the re... Read more
UAE Markets
1.1 billion dirhams, proceeds of Burjeel Holding's subscription
Burjeel Holding Company, whose shares are to be floated on the Abu Dhabi Securities Exchange, has co... Read more
Crypto currencies
New US legislation to enable more oversight of cryptocurrency markets
A panel of top US regulators from Congress is set to pass laws to enable more direct oversight of cr... Read more
UAE Markets
The UAE non-oil private sector PMI declined in September
The UAE non-oil private sector PMI fell in September for the first time in 3 months, with production... Read more
World Markets
New Zealand raises interest rates by 50 points to 3.5%
Today, Wednesday, the Central Bank of New Zealand raised interest rates in the country by 50 basis p... Read more
UAE Markets
Foreign assets in the UAE central bank rise 8.2% in July
The foreign assets of the UAE Central Bank achieved a growth of 8.2% to reach 437.37 billion dirhams... Read more
World Markets
IMF Managing Director: 2023 will be more difficult than we expected
Kristalina Georgieva, managing director of the International Monetary Fund, predicted that the year... Read more
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