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
FTSE Russell makes adjustments to Saudi companies
FTSE Russell announced the results of the semi-annual reviews of its indices, which included adjustm... Read more
World Markets
Snap is laying off 20% of its employees
Snap has decided to lay off 20% of its workforce, which is equivalent to more than 1,000 employees,... Read more
World Markets
A Fed official expects to raise interest rates above 3.5%
New York Federal Reserve Bank President John Williams predicted that the US central bank would raise... Read more
World Markets
Stopping Russian gas back to Europe
Russia suspended gas supplies via a major pipeline to Europe on Wednesday, and this will lead to the... Read more
World Markets
Russia's Gazprom earns $41.8 billion in the first half
Russia's Gazprom made a net profit of 2.5 trillion rubles ($41.75 billion) in the first half of 2022... Read more
Gulf Markets
STC increases its capital to 50 billion riyals
The Extraordinary General Assembly of the Saudi Telecom Company (STC) approved the recommendation of... Read more
UAE Markets
Amazon invests $5 billion in the UAE
Amazon Web Services (AWS) has announced that it will invest $5 billion through 2036 to establish a r... Read more
World Markets
Gautam Adani becomes the third richest person in the world
Indian businessman and diamond trader Gautam Adani became the third richest person in the world, who... Read more
World Markets
Oil prices fell after a 4% gain in the previous session
Oil prices fell on Tuesday after posting gains in the previous session, as the market feared a sharp... Read more
Gulf Markets
Mahara distributes 12.5% cash dividends for the first half
Maharah Human Resources Company decided to distribute cash dividends to shareholders for the first h... Read more
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