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
UAE Markets
679 billion dirhams trade free zones in the UAE during 2021
The total trade of free zones in the UAE increased during 2021 by 29%; Where it accounted for 36% of... Read more
World Markets
China's imports of Russian crude oil recorded a record increase in May
China's imports of Russian crude oil last May recorded a record for one month, reaching 8.42 million... Read more
World Markets
China's central bank holds interest rates
The People's Bank of China kept interest rates unchanged during this June at 3.7% for one year and 4... Read more
World Markets
Germany turns to coal after Russian gas supplies decline
The German government has announced that it will take emergency measures to secure its gas sup... Read more
Gulf Markets
"Arabia Technical Contracting" as an advertising agent for the 2022 World Cup
The Arab Technical Contracting Company has concluded an exclusive agent agreement for advertisi... Read more
Crypto currencies
Bitcoin loses more than 72% of its value.
Bitcoin price fell on Sunday morning as investors avoided risky assets amid nervous global markets.... Read more
Crypto currencies
Coinbase Facing Class Actions Over Troubled Stable Coins
A class action lawsuit was filed against Coinbase last weekend, alleging that the exchange was negli... Read more
Gulf Markets
SABIC distributes 6.75 billion riyals for the first half of 2022
The Saudi Basic Industries Corporation (SABIC) announced the Board of Directors' decision to distrib... Read more
Gulf Markets
"Capital Intelligence" confirms the credit ratings of "Tijari Al-Kuwait"
The Commercial Bank of Kuwait announced that the credit rating agency, Capital Intelligence, has aff... Read more
World Markets
Elon Musk warns of bankruptcy of Tesla competitors
Tesla CEO Elon Musk has warned that some of his rival electric car companies could go bankrupt if t... Read more
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