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
Gulf Markets
Fitaihi Group reduces capital by 50%
Fitaihi Holding Group Company has agreed to the recommendation of the Board of Directors to reduce... Read more
Gulf Markets
Chemanol cuts capital to offset losses
The methanol chemicals Chemanol reduced the capital by an amount of 531,491,370 riyals to extinguis... Read more
UAE Markets
Dubai Ports intends to acquire Imperial Logistics in Africa
DP World plans to acquire Imperial Logistics in South Africa, in a deal worth $890 million. And a... Read more
Gulf Markets
Aramco plans to sell more assets worth billions of dollars
Saudi Aramco plans to raise tens of billions of dollars by selling more stakes in its business.... Read more
Gulf Markets
Saudi Electricity gets the first green financing of $500 million
The Saudi Electricity Company signed, on Wednesday, a green credit facility agreement financed and g... Read more
Crypto currencies
Terra price increases 20% due to payment of 3 factors
Altcoins continue to rise while Bitcoin (BTC) price remains trapped in the $31,000 to $36,000 price... Read more
World Markets
Japanese stocks fall as Tokyo plans to impose a state of emergency ahead of the Olympics
Japanese stocks fell on Thursday, as the country's intention to re-impose a state of emergency to co... Read more
World Markets
Oil prices fall ahead of US stockpile data
Oil prices fell during Thursday's trading, before the release of US inventory data, and with the fol... Read more
UAE Markets
Moody's confirms Taqa and Industries ratings
Moody's Investors Service affirmed the credit rating of Abu Dhabi National Energy Company (TAQA) at... Read more
Crypto currencies
Diamond sells for $15 million in cryptocurrency
Next Friday, Sotheby's international auction house is expected to accept Bitcoin or Ethereum when... Read more
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