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
UAE Markets
Emirates NBD posts record profits in Q2 2024
Emirates NBD's net profits rose during the second quarter of this year. Data from Dubai's la... Read more
UAE Markets
UAE's ADNOC Drilling appoints Al Ramz Capital as liquidity provider for its shares
Al Ramz Capital has announced its appointment as a liquidity provider for ADNOC Drilling, after obta... Read more
Gulf Markets
Saudi Arabia.. IMF adjusts its expectations for the growth of the Kingdom’s economy
The International Monetary Fund has revised down its forecast for Saudi Arabia's economic growth... Read more
World Markets
European stocks open lower, weighed down by tech sector losses
European shares opened lower for a third straight session on Wednesday, weighed down by losses at Du... Read more
World Markets
Adidas shares rise nearly 5% after company raises 2024 earnings forecast
Adidas shares rose on Wednesday after the company said it would raise its full-year 2024 earnings gu... Read more
World Markets
Oil holds near monthly lows
Crude oil futures hovered around monthly lows in Asian trading hours on Wednesday, as concerns over... Read more
World Markets
Dollar falls amid focus on possible US rate cut
The dollar fell broadly on Wednesday after a brief rebound following better-than-expected U.S. retai... Read more
World Markets
Asian stocks rebound on optimism over US rate cut
Asian stocks rose, joining a global rally, as bets that the US Federal Reserve will soon start cutti... Read more
World Markets
Gold steady after hitting record high on rate cut hopes
Gold prices steadied on Wednesday after hitting an all-time high on Tuesday, lifted by growing hopes... Read more
World Markets
Hugo Boss shares fall 9% after company cuts 2024 outlook
Shares of Hugo Boss fell as much as 10% on Tuesday after the company cut its sales forecast, becomin... Read more
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