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Goods and Services

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Gold Slumps 6% as Interest Rates Rise
March 23rd, 2026 - 11:16 GMT

Gold Slumps 6% as Interest Rates Rise

Gold prices have come under significant pressure, falling 6% on Monday after a 10% decline last week, as shifting macroeconomic conditions weigh heavily on the precious metal. March is now shaping up to be one of the weakest months on record for gold, with prices down nearly 21% since the beginning of the month. Traditionally viewed as a safe-haven asset during periods of geopolitical uncertainty, gold is currently facing headwinds from rising inflation expectations and a rapidly evolving interest rate outlook. The escalation of conflict in the Middle East has ...
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Al Bawaba
August 20th, 2015 - 03:44 GMT

Registered organ donors reach 75,000 after successful Ramadan campaign

Al Bawaba
August 19th, 2015 - 06:05 GMT

Egypt carpet manufacturer Oriental Weavers referred to prosecutors for ‘monopolistic practice’

H.E. Sultan Abdullah Alwan Al Habsi
August 19th, 2015 - 11:52 GMT

Ministry of Environment and Water reveals new and easier process for receiving orders for eco-friendly marine engines

Kazakhstan Customs officials receiving Dubai Customs delegation
August 19th, 2015 - 10:48 GMT

Officials from DC and DC world visit Kazakhstan to discuss customs development

Hilux Exterior
August 19th, 2015 - 10:27 GMT

The all new unbreakable Toyota Hilux breaks new ground in the UAE

Al Bawaba
August 19th, 2015 - 07:46 GMT

UAE retail look to local consumers as Chinese and Russian tourists drop

DP World Nhava Sheva, India's largest port
August 19th, 2015 - 07:16 GMT

DP World welcomes visit of Indian Prime Minister modi to the UAE

Sony
August 19th, 2015 - 07:08 GMT

Sony’s Revamped, energy-boosting Portable Charger introduced to Middle East

The automotive sector is not accounted for by the Central Bank of Egypt, which has lead to credit problems. (File photo)
August 19th, 2015 - 06:31 GMT

Breakdown: Who's to blame for Egypt's paralysed automotive market?

Mr. Yasser Zeineldin, CEO, eHosting DataFort and  Anil Somaiya, CTO,  ISSL after signing the MoU
August 19th, 2015 - 06:19 GMT

eHosting DataFort signs MoU with India based IL&FS Securities Services

Al Habtoor City
August 19th, 2015 - 05:50 GMT

Al Habtoor City, the new heart of Dubai

Al Bawaba
August 18th, 2015 - 07:29 GMT

Fancy hors d'oeuvres? Iran opens largest caviar plant producing ‘high-end’ fish eggs

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