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
7.74% cash dividends for Saudi "Sahel"
The Board of Directors of the Saudi Home Finance Company (Sahel) has approved the distribution of... Read more
Crypto currencies
Bitcoin climbs back above $30,000
Bitcoin is back on the rise, after staying below the $30,000 key level for four days. Accordi... Read more
World Markets
Oil and gold prices rise in light of the dollar's decline
International oil prices rose on Monday, to their highest level in two months, as traders waited to... Read more
Crypto currencies
Elon Musk: SpaceX will follow Tesla in accepting Dogecoin payments for goods
Only four months after electric vehicle manufacturer Tesla began accepting Dogecoin (DOGE) to purcha... Read more
Gulf Markets
A subsidiary of "BATIC" buys a land in Madinah for 126.4 million riyals
Batec Investment and Logistics Company announced the purchase of its wholly owned subsidiary (Batec... Read more
World Markets
Tomorrow .. the completion of the sale of "Chelsea" club
Chelsea Football Club has reached a definitive agreement to transfer its ownership to a consortiu... Read more
World Markets
Samsung cuts production of smartphones
Samsung has reduced its smartphone production by 30 million units for 2022, according to a report... Read more
Crypto currencies
US Securities Rejects Request to Launch Bitcoin Instant Fund
The US Securities and Exchange Commission (SEC) maintained its perfect record of denying Bitcoin (BT... Read more
UAE Markets
Aramex raises foreign ownership percentage from 49% to 100%
Aramex announced that it has obtained the necessary approvals from the Securities and Commodities Au... Read more
World Markets
Siemens wins rail deal for high-speed trains in Egypt
The German Siemens Group said yesterday that Egypt has signed a contract with its railway industries... Read more
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