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
Hyundai and Kia expect sales to recover in 2021
Hyundai Motor and its subsidiary Kia Motors expected their combined global sales to increase by... Read more
World Markets
Britain does not rule out imposing a general isolation again
British Health Minister Matt Hancock announced that the number of Covid-19 cases is increasing a... Read more
World Markets
Corona strikes Egyptian tourism in 2020
Tourism revenues in Egypt decreased to about 4 billion dollars during 2020, compared to 13.03 bi... Read more
Gulf Markets
Al-Samaani intends to increase the capital by 150 million riyals
The Board of Directors of Al-Samaani Factory for Metal Industries Company recommended a capital... Read more
Gulf Markets
SABIC increases its ownership in SAFCO after completing an acquisition deal
The Saudi Basic Industries Corporation (SABIC) announced, today, Monday, that SABIC's acquisition o... Read more
World Markets
English "Malecorp" reopens international arbitration in the Ras Sidr Airport case
The English company Malecorp is preparing to file an international arbitration case against the Egy... Read more
Crypto currencies
Ethereum is targeting a thousand dollars and altcoins rising against Bitcoin
The Ethereum digital coin (ETH) has breached a critical price point against Bitcoin (BTC), indicati... Read more
Crypto currencies
Analyst: Institutional trend and "Corona" pushed investors towards digital currencies and "Bitcoin"
Bitcon digital currency has witnessed unprecedented rises in recent times, coinciding with the decl... Read more
UAE Markets
Dubai industrial production rose 12.37% in the third quarter
The industrial production index in the Emirate of Dubai rose by 12.37% during the third quarter... Read more
Gulf Markets
$ 4.25 billion were bought by foreigners in the Saudi market in December
foreign investors in the Saudi stock market recorded total purchases of 15.95 billion riyals (4.... Read more
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