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
The UAE economy is expected to grow by 4.8% in 2022
The results of a recent survey showed that the respondents expected that the UAE economy would achie... Read more
Gulf Markets
600 million riyals bank facilities for "Al-Rajee REIT"
Al-Rajhi Capital has granted Al-Rajhi REIT Fund, banking facilities, in compliance with Shariah regu... Read more
World Markets
Revenue growth pushes IBM shares up 7%
The revenue growth of IBM, the global software and services company, contributed to a 7% increase in... Read more
World Markets
Oil prices rise amid expectations of improved demand levels
Oil prices rose during trading on Tuesday, amid investors' expectations of an improvement in demand... Read more
World Markets
Tensions in Eastern Europe and the Middle East raise oil 1%
Oil prices rose on Monday as geopolitical tensions in Eastern Europe and the Middle East raised con... Read more
Gulf Markets
SABIC Nutrients to acquire 49% of ITG
SABIC Agri-Nutrients Company will enter into a binding agreement on Monday to acquire 49% of the sha... Read more
Crypto currencies
New York mayor gets paid in cryptocurrency
New York City Mayor Eric Adams earned his first cryptocurrency salary, via a combination of Bitcoin... Read more
Gulf Markets
Saudi Real Estate buys land for 783 million riyals
The Saudi Real Estate Company has completed the purchase of raw land east of Riyadh, with an amount... Read more
Crypto currencies
Russian cryptocurrency ban is destroying tech industries
Pavel Durov, CEO and co-founder of Telegram, said the proposed Russian ban on cryptocurrency could d... Read more
World Markets
Gold prices stabilize amid anticipation of the Fed meeting
International gold prices stabilized during trading on Monday, amid a state of anticipation for the... Read more
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