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
Meta loses $2.8 billion in the second quarter
Meta lost $2.81 billion on revenue of $452 million from its virtual reality division, Reality Labs,... Read more
Gulf Markets
Mobily increases its profits by 47.5% in the second quarter 2022
The profits of Etihad Etisalat Mobily increased by 47.5% to reach, after zakat and tax, about 360 mi... Read more
World Markets
65 million pounds, profits of the Egyptian "SODIC" in the second quarter
The financial statements of the Egyptian company SODIC revealed a decline in the company's profi... Read more
Gulf Markets
Bank Albilad's quarterly profit rises 22.8% to 511 million riyals
The financial results of Bank Albilad revealed that the bank’s profits in the second quarter of this... Read more
Crypto currencies
“Hidden mining” rises to record levels despite the decline in digital assets
New research shows that despite the decline in prices of digital assets, crypto mining reached recor... Read more
UAE Markets
ADNOC's Acquisition of Zakher Marine
ADNOC has acquired Zakher Marine, seeking to boost its oil, natural gas and wind energy business. Ac... Read more
World Markets
Microsoft fails to achieve its quarterly revenue estimates
Microsoft was unable to achieve its quarterly revenue estimates, affected by a stronger dollar, slow... Read more
Gulf Markets
The profits of the National Bank of Saudi Arabia increased 98% in the second quarter
The profits of the National Bank of Saudi Arabia increased by 98.14% after zakat and tax to about 4.... Read more
Crypto currencies
Tesla earns $64 million from the sale of Bitcoin
Tesla's decision to empty most of its Treasuries of Bitcoin (BTC) generated huge profits for the... Read more
UAE Markets
An increase of 5.5% .. 3.34 trillion dirhams of bank assets in the UAE by the end of April
Data from the UAE Central Bank revealed that bank assets in the country increased by 5.5% at the end... Read more
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