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
Musk denies plans to buy Manchester United
Yesterday, Elon Musk denied his intention to buy Manchester United after a previous tweet on Twitter... Read more
Crypto currencies
Cryptocurrency thefts will increase 60% in 2022
A recent report from blockchain network analysis firm Chainalysis stated that $1.9 billion worth of... Read more
World Markets
Norway's wealth fund loses $174 billion in first half
Norway's largest sovereign wealth fund in the world said it lost 1.68 trillion Norwegian crowns ($17... Read more
World Markets
An Egyptian authority approves Expedition's offer to acquire 34% of Domty
The Financial Supervisory Authority in Egypt has approved the compulsory purchase offer submitted by... Read more
World Markets
UK inflation rises to 40-year high
Britain's inflation rate rose to its highest level in 40 years in July 2022, as soaring food and... Read more
Gulf Markets
ACWA Power intends to sign a $2.4 billion contract with the government of Uzbekistan
ACWA Power announced its intention to sign the main clauses agreement, today, Wednesday, with the Mi... Read more
Gulf Markets
Saudi "Investments" buys stakes in American companies
Saudi Arabia's Public Investment Fund (PIF) has bought minority stakes in a string of major US compa... Read more
World Markets
The dollar hits its highest level in a week
The US dollar hit a one-week high on Tuesday, after weak global economic data, especially from China... Read more
World Markets
Continuing decline in oil prices and weak demand expectations
Oil prices are still falling, after disappointing economic data from China revived fears of a global... Read more
Crypto currencies
Aconex pulls out of crowded cryptocurrency exchanges
Nasdaq-listed digital asset investment firm Aconex has announced that it will withdraw from crowded... Read more
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