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
German retail sales rise for a second month
German retail sales rose more than expected in June, following the easing of Covid-19 restrictions,... Read more
World Markets
IPO of a company backed by SoftBank
India's SoftBank Group-backed Policybazaar has filed for an initial public offering that could allo... Read more
Crypto currencies
Bitcoin drops below $40,000
Bitcoin fell below $40,000 today, after climbing over the weekend to its highest level since May.... Read more
Crypto currencies
Saudi Aramco denies its intention to enter Bitcoin activities
Saudi Aramco denied today, Monday, what was recently circulated through media reports claiming that... Read more
World Markets
HSBC's profit doubles in the second quarter to $5.6 billion
HSBC, Europe's largest bank, said its adjusted second-quarter profit doubled from a year earlier to... Read more
World Markets
Square intends to acquire AfterPay for $29 billion
Square plans to buy Australian financial technology company Afterpay as it looks to expand further... Read more
Gulf Markets
Foreign ownership in Saudi stocks rises by $139 million in July
The value of foreign-owned shares in the Saudi stock market, Tadawul, increased significantly during... Read more
Gulf Markets
STC Kuwait's profits rise 4% in the first half
The financial statements of the Kuwait Telecom Company (STC) showed an increase in the company's pro... Read more
World Markets
Oil prices fall more than 1% on concerns about China's economic recovery
Oil prices fell during Monday's trading, amid concerns about the speed of China's economic recovery... Read more
World Markets
Infographic: How did Elon Musk's fortune evolve?
Elon Musk: Chosen by Forbes magazine to be number 21 in the list of the most powerful men in the wor... Read more
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