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
"Elm" wins a project from the Saudi Ministry of Interior worth 207 million riyals
Elm Company announced that it has received a notification of awarding the project of security equipm... Read more
World Markets
Turkey raises natural gas prices for homes by 30%
Turkey has raised the prices of natural gas for homes, industry and electricity production, as the p... Read more
World Markets
Oil rises marginally amid anticipation of the “OPEC +” meeting
Oil prices rose slightly during trading on Wednesday, after recording monthly gains during May, with... Read more
Crypto currencies
The Central Bank of Oman intends to issue a special digital currency
The Governor of the Central Bank of Oman, Taher bin Salem Al-Amri, said that the bank is developi... Read more
UAE Markets
$83.4 billion in coverage for Borouge’s offering in Abu Dhabi
Total demand for the Borouge Petrochemical IPO exceeded $83.4 billion, which means that it has cove... Read more
UAE Markets
"GFH" stock jumps 25% with the start of its listing today on the Abu Dhabi market
GFH's share rose by a significant percentage of 25%, with the start of its listing, today, Tuesday,... Read more
Crypto currencies
Argentina adopts cryptocurrency amid inflation fears
Argentina has been at war against inflation since 2016. Due to multiple factors, such as distrust of... Read more
World Markets
The Russian ruble rises more than 6% against the dollar
The Russian ruble rose against the US dollar by more than 6% at the end of a volatile session in Mos... Read more
World Markets
Germany's highest inflation level in 32 years
Inflation rose in Germany during the month of May to hit a new record at 7.9% on an annual basis.... Read more
UAE Markets
Utico arranges a public offering in the Dubai market
Utico has appointed Goldman Sachs, HSBC and Standard Chartered to study a potential initial publi... Read more
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