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
Gold rises as US Treasury yields fall
Gold prices rose on Monday as yields on U.S. Treasury bonds fell, while investors awaited economic d... Read more
World Markets
Oil extends losses as dollar's rise weighs on commodity markets
Oil prices fell in early Asian trade on Monday for a second straight session, weighed down by a stro... Read more
UAE Markets
UAE IPOs to Raise $110 Billion in Orders in 2024
The UAE financial markets witnessed 3 initial public offerings of new companies during the past peri... Read more
World Markets
Biden vs. Trump: Stocks set to gain on potential US election results
As the US presidential election approaches in November, financial experts expect increased volatilit... Read more
World Markets
US imposes sanctions on managers of Russian company Kaspersky
The Biden administration imposed sanctions on 12 people in senior leadership roles at Kaspersky Lab... Read more
World Markets
Foreign investors shift from support to caution on Japanese stocks
The record highs seen in Japanese stocks earlier this year appear to be a distant memory, as foreign... Read more
World Markets
Korean car exports expected to rise significantly in 2024
South Korea's auto exports are expected to hit a record high this year, an official report from... Read more
Gulf Markets
Saudi holdings of US bonds rise 19.4% by end-April
Saudi Arabia's holdings of US Treasury bonds rose by 19.5% year-on-year by the end of April 2024... Read more
World Markets
By about 14%.. Did Tesla reduce the number of its employees around the world?
Tesla Inc. has likely cut its global workforce to just 121,000, including temporary workers, a repor... Read more
World Markets
China-EU agreement to consult on electric vehicle customs
China's commerce minister and the European Union's trade commissioner have agreed to hold co... Read more
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