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
World Markets
Egypt: Construction of the "Nuclear Dabaa" to start in 2022
Egypt's Minister of Electricity, Mohamed Shaker, said that his country intends to start construction... Read more
World Markets
US oil inventories are down by 6.1 million barrels
The American Petroleum Institute said crude oil stocks fell by 6.1 million barrels in the week endin... Read more
World Markets
Suez Canal revenue growth 11.6% in 8 months
Suez Canal revenues grew by 11.6% during the first eight months of 2021 to record $4.1 billion, com... Read more
World Markets
Universal Music shares rose 35%.
Shares of Universal Music Group UMG rose more than 35% on the Euronext Amsterdam, in Europe's large... Read more
Gulf Markets
Italian "Saipem" establishes a new company with Aramco
Italian energy services group Saipem has signed an agreement with Saudi Aramco to discuss the estab... Read more
World Markets
Shell sells $9.5 billion in assets
Shell has sold its assets in the largest US oil field to ConocoPhillips for $9.5 billion in cash.... Read more
UAE Markets
Dubai: Establishment of an Independent Entity for Integrated Economic Zones
The Emirate of Dubai announced the establishment of the Dubai Authority for Integrated Economic Zone... Read more
Gulf Markets
Saudi Arabia accelerates implementation of projects in "NEOM"
The Saudi government is currently working on accelerating the pace of work in the implementation of... Read more
World Markets
Yellen warns of a catastrophe threatening the US economy
US Treasury Secretary Janet Yellen has renewed her call for Congress to raise or suspend the US debt... Read more
World Markets
Oil prices rise 1% amid anticipation of supply
Oil prices rose during trading today, Tuesday, after falling by about 2% in the settlement of tradin... Read more
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