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Banking and Finance

Banking and Finance latest

Gold
December 23rd, 2025 - 09:37 GMT
Al Bawaba Staff

Al Bawaba Staff

Gold prices hit record high due to US-Venezuela tensions

ALBAWABA - Gold prices reached a record high of $4,426.66 per ounce on Tuesday, amid heightened geopolitical and financial tensions, including the US's attempts to seize Venezuelan oil tankers. The BBC reported that the price of the metal increased after news that the US central bank will cut interest rates in 2026. Additionally, silver prices also jumped after hitting an all-time high of $69.44 yesterday. Gold prices hit record high ...
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The two UAE residents allegedly entered larger aggregate orders for gold and silver contracts on the Commodity Exchange Inc. (Comex) opposite smaller orders, and later cancelled the smaller orders. (Wikimedia Commons)
April 10th, 2016 - 07:00 GMT

Two UAE traders fined $2.69M by US court for illicit 'spoofing' practices

Dubai and Abu Dhabi markets both closed in positive territory on Friday. (AFP/File)
April 10th, 2016 - 05:25 GMT

Gulf stocks expected to follow oil rally ahead of Doha meeting

At least eight prominent Middle East figures have been named in the leaked Mossack Fonseca data. (Twitter)
April 7th, 2016 - 11:21 GMT

Panama Papers whistleblower: A mystery man most wanted

The eurobond issue should be complete by the end of the month. (Photo courtesy of The Daily Star)
April 7th, 2016 - 10:05 GMT

Lebanon announces three banks to manage $1B eurobond issue

Al Bawaba
April 7th, 2016 - 08:00 GMT

That's super rich: Millionaires continue to migrate to Dubai

The amendments will be referred to the appointed State’s Council and then to the Council of Ministers for review before it is submitted to Sultan Qaboos for final approval. (Light and Style)
April 6th, 2016 - 07:09 GMT

Oman to bolster laws against terror funding

Saxo Bank
April 6th, 2016 - 05:27 GMT

Saxo Q2 Outlook: A social contract in tatters fuels anti-establishment voices and volatility

Oman Arab Bank
April 5th, 2016 - 10:53 GMT

Oman Arab Bank introduces paperless loan applications to enhance customer experience

High profile Middle East figures named in the 'Panama Papers' investigation. (ICIJ)
April 5th, 2016 - 09:00 GMT

Panama Papers probe: Mossack Fonseca responds

Andre Sayegh, CEO of FGB and UK Ambassador to the UAE, Philip Parham
April 4th, 2016 - 05:27 GMT

FGB is first bank in MENA to receive BSI Health & Safety

Mariam Al Rujaibi
April 4th, 2016 - 05:15 GMT

Oman Arab Bank employee achieves first place in CBFS Certified Branch Manager Program

National Bank of Kuwait
April 4th, 2016 - 04:39 GMT

Yellen stabs the US Dollar in the heart

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