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
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
World Markets
Yen pulls away from 4-week high on profit-taking
The market is waiting for confirmation about the Bank of Japan’s intervention in the foreign exchang... Read more
UAE Markets
Execution of a large direct deal on the shares of the UAE's "E&" for 290 million dirhams
Today, Tuesday, the Abu Dhabi Securities Market witnessed the execution of a large direct deal on th... Read more
World Markets
US stock futures rise slightly after Dow hits record highs
U.S. stock futures rose slightly on Monday after the Dow Jones Industrial Average closed at a record... Read more
World Markets
Fed Chairman: US Economy Will Not Face Recession
US Federal Reserve Chairman Jerome Powell said he does not see the US economy facing a recession or... Read more
Gulf Markets
Two ETFs Launched in China Focusing on Saudi Stocks
Two Saudi-focused exchange-traded funds launched today in Shanghai and Shenzhen will give Chinese in... Read more
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