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Gold jumps 2% to two-week high as weak U.S. data fuels Fed rate cut bets
November 10th, 2025 - 10:45 GMT
Albawaba Business

Albawaba Business

Gold jumps 2% to two-week high as weak U.S. data fuels Fed rate cut bets

ALBAWABA- Gold prices surged 2% on Monday to their highest level in two weeks, driven by mounting expectations of a Federal Reserve rate cut next month and renewed safe-haven demand amid global economic and geopolitical uncertainty. A softer U.S. dollar further bolstered bullion’s appeal. According to Reuters , spot gold climbed 2% to $4,078.45 per ounce by 09:56 GMT—its strongest level since October 27—while U.S. gold futures for December delivery ...
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There are seven intentional airports welcoming over 100 million passengers annually in the UAE.
June 20th, 2019 - 05:27 GMT

Aviation Sector Contribution to UAE’s GDP to Surge to $88 Billion by 2030

Some countries, such as Italy and Turkey, have expanded their pavilions, while Egypt and China marked their first official participation in the event.
June 19th, 2019 - 11:22 GMT

Number of Companies Participating in Project Lebanon Drops to 250 This Year

The families are part of the 7,000 households the ministry plans to include in the project by 2020.
June 19th, 2019 - 11:17 GMT

12,000 Families in Jordan to Benefit From Solar Project This Year

The two sides held their 15th meeting of the joint commission for economic and trade cooperation in Isfahan Tuesday.
June 19th, 2019 - 11:08 GMT

Iran, Russia Ink 12 Agreements to Thwart US Sanctions

The bank says the UK government also lobbied other international authorities to impose financial restrictions, leading to “copycat” sanctions being introduced by the United Nations, the European Union and others.
June 19th, 2019 - 10:53 GMT

After a Decade of Negotiations, UK Settles $1.6 Billion Damages Claim by Iranian Bank

Arab League flag.
June 19th, 2019 - 10:45 GMT

Arab Finance Ministers to Hold Emergency Meeting in Support of Palestinian Authority

The judges announced the temporary suspension of their strike following a meeting at the Justice Palace of Beirut on Monday.
June 19th, 2019 - 10:36 GMT

Judges Suspend 45-Day Strike in Lebanon

Galaxy Note 10 is said to offer a 6.4-inch Dynamic AMOLED display while the Note 10 Pro will sport a bigger 6.7-inch screen. 
June 19th, 2019 - 10:29 GMT

Samsung to Release Galaxy Note 10 In August

The UAE has taken the first monumental steps by allowing Abu Dhabi judges to use the help of AI in sentencing - or acquitting - criminals.
June 19th, 2019 - 08:48 GMT

The use of AI in the judicial system

A Russian Beriev BE 200 amphibious aircraft performs a demonstration flight on the opening day of the 54th International Paris Air Show at Le Bourget.
June 19th, 2019 - 08:24 GMT

Airbus Secures Over 100 New Plane Orders While Its Rival Records Zero at Paris Air Show

According to GlobalData, the global robotics industry is set to grow at a compound annual growth rate of 16 per cent from $98.2 billion in 2018 to $277.8 billion in 2025.
June 19th, 2019 - 08:11 GMT

Oil and Gas Industry Ready for Deploying Robotics Technologies

Facebook's digital currency will be called the Libra when it's rolled out next year.
June 19th, 2019 - 07:29 GMT

Facebook to Launch Its Own Cryptocurrency Next Year

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