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
Crypto currencies
New provinces in China halt bitcoin mining
Three provinces in China have ordered a halt to cryptocurrency mining, joining a growing list of st... Read more
Crypto currencies
Powell: The Federal Reserve's issuance of a digital currency may reduce the need for private alternatives
Federal Reserve Chairman Jerome Powell said on Wednesday that one of the strongest arguments for th... Read more
World Markets
China's economy grows slower than expected in the second quarter
China's economy grew at a slower-than-expected pace in the second quarter, as manufacturing activity... Read more
World Markets
Musk to testify in court regarding Tesla's takeover of Solar City
After two days of impeachment, the billionaire founder of Tesla Electric Vehicle Company, Elon Musk,... Read more
Gulf Markets
Annual inflation in Saudi Arabia rises 6.2% in June
The annual consumer price inflation index in the Kingdom of Saudi Arabia rose by 6.2% during last Ju... Read more
UAE Markets
Mashreq Bank's profits fall 84% in the first half
The financial statements of the UAE Mashreq Bank showed a decline in the bank's profits in the first... Read more
World Markets
Oil prices fall amid anticipation of the monthly “OPEC” report
Oil prices fell during Thursday's trading in anticipation of the release of the OPEC monthly product... Read more
Gulf Markets
Boubyan Bank’s profits rise 25% in the first half to 21.5 million dinars
The financial statements of Boubyan Bank showed an increase in the bank's profits in the first half... Read more
Crypto currencies
The European Central plans to launch a "digital euro"
The European Central Bank has given the green light for a multi-year project to create a digital... Read more
Gulf Markets
BCI plans to acquire 49% of Union Chlorine
Basic Chemical Industries (BCI) has signed a non-binding letter of intent with Union Chlorine's o... Read more
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