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
Central banks will accelerate the transformation of the yuan into a global currency
The Global Government Investor Survey, published annually by the Forum of Official Monetary and Fina... Read more
World Markets
Cryptocurrency Market Wipe $90 Billion From Its Market Value As Bitcoin Drops Below $30,000
Bitcoin plunged below $30,000 for the first time since June 22, dragging other cryptocurrencies dow... Read more
World Markets
Oil rises but outlook cloudy due to COVID-19 and supply concerns
Oil prices stabilized, after tumbling about 7% in the previous session, in light of a broader declin... Read more
World Markets
Gold rises thanks to lower bond yields and the threat of the Delta strain
Gold prices rose, supported by a decline in US bond yields and concerns about a continuous rise in i... Read more
UAE Markets
Oil falls more than 1% after OPEC + agreed to increase supplies
Oil fell more than one percent, affected by the decision of the OPEC + group to increase supplies af... Read more
World Markets
Japan shares fall on fears of Delta and Olympics
Japanese stocks closed lower for the fourth consecutive session, as concerns about the spread of the... Read more
World Markets
The dollar turns up as sentiment is affected by the virus
The quest for the safety of the dollar and the yen dominated on Monday, bringing the dollar near its... Read more
Gulf Markets
Saudi Arabia requires receiving the second dose of the Corona vaccine for travel abroad, starting from August 9
The Saudi Press Agency quoted an official source in the Ministry of Interior, as saying that, in acc... Read more
Gulf Markets
SABIC discusses investing $344 million in Britain
Saudi Basic Industries Corporation (SABIC) has held talks with British officials about investing som... Read more
UAE Markets
"National Bulldozers" turned to profitability in the second quarter
The National Dredging Company achieved a profit of 204 million dirhams in the second quarter of thi... Read more
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