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
Oil prices stabilize ahead of the “OPEC +” decision on supplies
Oil prices stabilized, ahead of an OPEC+ meeting at which major oil producers will decide whether to... Read more
Gulf Markets
The Central Bank of Kuwait agrees to increase the capital of Burgan Bank
Burgan Bank announced that it has obtained the approval of the Central Bank of Kuwait to request a c... Read more
Crypto currencies
Central Bank of Cuba Recognizes Cryptocurrencies Like Bitcoin
The Cuban government has announced that it will recognize and regulate cryptocurrencies for payments... Read more
World Markets
The dollar fell to its lowest level in 3 weeks
The dollar fell near a three-week low against a basket of currencies on Tuesday, as investors looke... Read more
World Markets
Aluminum prices reach their highest level in 10 years
Aluminum still continues to record gains for the seventh day due to fears of shortage of supply.... Read more
World Markets
Eurozone inflation hits 10-year high
Inflation in the euro area rose this month to a 10-year high and is likely to continue rising, chal... Read more
Gulf Markets
Moby's profits grow 10% in the first half
The National Chemical Fertilizers Manufacturing Company (MOBI) achieved a profit growth of 10.4%, r... Read more
UAE Markets
Dubai Islamic issues $500 million sukuk
Dubai Islamic Bank, the largest Islamic bank in the UAE, plans to issue dollar-denominated sukuk... Read more
Crypto currencies
Nigeria takes first steps to launch its own digital currency
Nigeria plans to launch its own official digital currency, after it banned financial institutions fr... Read more
UAE Markets
The UAE "Holding" withdraws an offer to merge Abu Dhabi National Hotels with "ADNC"
The Abu Dhabi National Hotels Company said in a stock exchange statement that ADQ Holding Company, w... Read more
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