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
German industrial production rises less than expected in May
German industrial production rose less than expected in May, official data showed, as supply chain... Read more
Gulf Markets
KFH raises the offer to acquire Al-Ahly United to $8.8 billion
Kuwait Finance House (KFH) has raised its takeover bid for Bahrain's Ahli United Bank to $11.6 billi... Read more
Gulf Markets
GFH Financial buys 5.12 million shares of its stock
GFH Financial Group has purchased 5.12 million of its shares (treasury shares). According to Arab... Read more
World Markets
Warning from the US Federal Reserve of continued inflation
According to the minutes of the last monetary policy meeting, US central bank officials warned last... Read more
World Markets
Expectations of a global economic recession next year
International Monetary Fund Managing Director Kristalina Georgieva announced that she does not ru... Read more
World Markets
Samsung achieves highest profit since 2018
South Korea's Samsung Electronics posted its second-quarter 2022 profit, its best since 2018.... Read more
World Markets
Warning of a drop in oil to $ 65 a barrel by the end of 2022
The American group Citigroup warns that crude oil will collapse to $65 a barrel by the end of 2022,... Read more
World Markets
Oil prices rise with signs of improving consumption in China
Oil prices rose during trading on Wednesday, in conjunction with signs of an improvement in crude co... Read more
Gulf Markets
"Advanced" profits fell 37.2% in the first half to 274 million riyals
The financial statements of the Advanced Petrochemical Company showed a decline in the company's pro... Read more
Gulf Markets
Kuwait's Central Bank agrees to KFH to acquire Bahrain's Ahli United Bank
The Kuwait Finance House Bank (KFH) announced that it has received approval from the Central Bank of... Read more
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