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 4.2% in 2022
The UAE Central Bank expects the economy to grow by 4.2% in 2022, compared to 2.1% in 2021. A... Read more
Gulf Markets
"Advanced" achieves the highest annual profits since its inception
The Saudi Advanced Petrochemical Company achieved the highest annual profits since its establishm... Read more
World Markets
Tesla loses 5% of its market share
Tesla lost 5% of its electric car market share in the first 9 months of 2021. According to Ar... Read more
Gulf Markets
ICTEC stock rose 30% in its first trading
The share of Taqaddam International for Communications and Information Technology, ICTEC, rose today... Read more
Crypto currencies
Bitcoin drops below $43,000
The cryptocurrency Bitcoin fell below $43,000 to a multi-month low after the minutes of the latest... Read more
Crypto currencies
MoneyGram buys stake in Coinmee to operate cryptocurrency ATM
Money transfer network MoneyGram has announced that it has purchased an investment stake in CoinMe;... Read more
Crypto currencies
Bitcoin Mining Hash Rate Drops After Kazakhstan Government Resigns
Kazakhstan government announced, on Wednesday, its resignation in the face of unprecedented politica... Read more
UAE Markets
1.4 billion dirhams in cash receipts for "Dana Gas" from Iraq and Egypt
The UAE company, Dana Gas, announced that its total cash receipts from the Kurdistan region of Iraq... Read more
World Markets
Oil prices fall amid rising US inventories, fears of falling demand
International oil prices fell in early trading on Thursday, amid increasing US gasoline stocks and g... Read more
World Markets
British documents: the epidemic has been expected since 1997
British health officials stated that they believed a pandemic was imminent in 1997, and accordingly... Read more
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