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 bond yields fall, focus now on employment data
Gold prices rose during trading on Thursday, June 6, amid a decline in the dollar and US Treasury yi... Read more
World Markets
Oil prices continue to gain despite fears of Saudi price cuts
Oil prices rose for a second session despite Saudi Arabia expressing concerns about the demand outlo... Read more
World Markets
The European Central Bank may cut interest rates for the first time since 2019
The European Central Bank is widely expected to start cutting interest rates from record lows on Thu... Read more
World Markets
Hacked Japanese Exchange Seeks to Raise $320 Million to Buy Bitcoin
Japanese cryptocurrency exchange DMM Bitcoin plans to raise 50 billion yen ($320 million) and invest... Read more
UAE Markets
Abu Dhabi shares make AED 2 billion market gains at the close of Wednesday’s trading
UAE stock market indices were mixed at the close of trading on Wednesday, ahead of a key US inflatio... Read more
Gulf Markets
Saudi sovereign fund raises £650m in bond issue
Saudi Arabia's Public Investment Fund has raised £650 million from its first UK-denominated bond... Read more
World Markets
US stock index futures rise slightly ahead of open
U.S. stock index futures were marginally higher in pre-market trading on Wednesday. Here's a loo... Read more
Gulf Markets
Today.. End of individual subscription in Aramco's secondary offering
Today, Wednesday, at 5 pm, the subscription period for individual investors in the secondary public... Read more
World Markets
Bitcoin posts longest rally since March on rate cut bets
Bitcoin rose again above the $70,000 level and achieved gains for the fifth consecutive session, ref... Read more
World Markets
Gold rises ahead of key US economic data
The global price of gold rose during these moments of trading on Wednesday, supported by a decline i... Read more
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