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
Apple is building a new headquarters in Los Angeles
Apple has said it will build a new regional headquarters on the border of Culver and Los Angeles, a... Read more
World Markets
Inflation rate in Egypt rises to 8% in September
The Central Agency for Public Mobilization and Statistics in Egypt announced an increase in the annu... Read more
Gulf Markets
Kuwait announces an increase in service fees.. officially
The Kuwaiti Ministry of Finance, in an official address, informed the ministries and attached author... Read more
UAE Markets
Dubai real estate rises, rents continue to decline
Average residential property prices in Dubai rose by 4.4% in the 12 months ending in August, the hi... Read more
UAE Markets
Introducing a sovereign bond package for subscription in the UAE
The UAE Ministry of Finance intends to offer a multi-tranche package of US dollar-denominated sov... Read more
World Markets
Gas prices fall in Europe after Putin's statements
Gas futures prices in Europe and Britain fell after statements by Russian President Vladimir Putin,... Read more
Gulf Markets
Sumou Real Estate acquires 80% of "Al Mahafel Trading"
Smou Real Estate Company acquired 80% stake in Al Mahafel Trading and Contracting Company Ltd.... Read more
UAE Markets
Completion of the consolidation of the business of "Arkan" and "Emirates Steel"
Arkan Building Materials Company has completed all legal aspects of its business consolidation de... Read more
Gulf Markets
Investcorp acquires US real estate for $380 million
Middle East private equity firm Investcorp acquired 89 industrial properties in the United States on... Read more
World Markets
Twitter sells advertising platform Mobob
Twitter has sold mobile ad company MoPub to AppLovin Corp. for $1.05 billion in cash. Accordi... Read more
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