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
1.6 billion riyals, profits of "Riyadh Bank" in the second quarter
The financial statements of Riyad Bank revealed an increase in the bank’s profits in the second quar... Read more
World Markets
Robinhood plans to lay off 23% of employees after recording losses in the second quarter
Online brokerage Robinhood plans to lay off nearly a quarter of its staff, citing the continued dete... Read more
Crypto currencies
Italy's Gucci becomes first major brand to accept IPcoin payments
Italian high-end fashion giant Gucci has become the first major brand to accept payments in the APE... Read more
Gulf Markets
Saudi PMI rises in July as jobs increase
The Purchasing Managers' Index in Saudi Arabia scored 56.3 points in July 2022, in light of the... Read more
World Markets
The Purchasing Managers' Index in Egypt rises from its lowest level in two years
The main PMI in Egypt rose from 45.2 points in June, its lowest level in two years, to 46.4 points l... Read more
UAE Markets
UAE "TECOM" profits rise 43.4% in the first half
The financial statements of the UAE Tecom Group, which owns and operates business parks, showed an i... Read more
Gulf Markets
2.8 billion riyals, profits of "STC" Saudi Arabia in the second quarter
The financial statements of the Saudi Telecom Company (STC) showed a slight increase in the company'... Read more
Crypto currencies
Binance US Will Remove AMP Token Out Of Caution
US-based cryptocurrency exchange Binance US says it will remove AMP tokens; Out of extreme caution a... Read more
UAE Markets
207 million dirhams, profits of "Emirates Steel Arkan" in the second quarter
The Emirates Steel Arkan Group achieved a profit of 207 million dirhams in the second quarter of thi... Read more
Gulf Markets
Bank Al-Jazira's profits rise 10.5% in the first half... and distribute 328 million riyals in cash
The results of Bank Al-Jazira revealed an increase in the bank’s profits in the first half of this y... Read more
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