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
Positive outlook for Chinese stocks by year-end
A Bloomberg survey has markets optimistic about a rebound in Chinese stocks in the second half of th... Read more
World Markets
European stocks rise as investors welcome Powell's comments
European stocks rose early Wednesday as investors welcomed comments from Federal Reserve Chairman Je... Read more
World Markets
ECB members hint at possible rate cut again!
Yesterday, Tuesday, some members of the European Central Bank made some statements related to intere... Read more
World Markets
US Dollar Declines Following Fed Comments
The dollar fell against most major currencies following the release of economic data as well as anal... Read more
World Markets
Gold steady as investors focus on Fed minutes
Gold prices were steady on Wednesday, July 3, as investors awaited the minutes of the U.S. Federal R... Read more
World Markets
Oil rises on data showing a big drop in US crude inventories
Oil prices rose in early Asian trading on Wednesday, July 3, after data showed a larger-than-expecte... Read more
UAE Markets
UAE's ADNOC Drilling wins AED 2.7 billion contract
The UAE's ADNOC Drilling Company has won a contract worth a total of AED 2.7 billion to provide... Read more
Gulf Markets
Qatar Airways profits rise 6% to $1.7 billion in a year
Qatar Airways Group reported a profit of QAR 6.1 billion ($1.7 billion) for the fiscal year ending M... Read more
World Markets
BYD's Q2 EV Sales Rise, Narrowing Gap With Tesla
China's BYD posted a 21% jump in electric vehicle sales in the second quarter, helping to close... Read more
UAE Markets
10 brokerage firms capture 84% of Dubai Stock Exchange trading during June 2024
10 financial brokerage companies in the Dubai Financial Market accounted for 84% of the total tradin... Read more
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