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Historic Rally: Silver Breaks $75 while gold and platinum set new records
December 27th, 2025 - 05:53 GMT
Osama Ali

Osama Ali

Historic Rally: Silver Breaks $75 while gold and platinum set new records

ALBAWABA - Silver broke through the $75 mark on Friday, a historic first, as precious metals continued their ascent. This surge was fueled by investors looking for security in a world of uncertainty and the anticipation of U.S. interest rate reductions. Silver hit $75.9 per ounce, and gold followed suit, reaching a new peak of $4,531 per ounce, a fitting conclusion to a remarkable year for the metals. Silver has ...
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Al Bawaba
March 5th, 2015 - 05:56 GMT

Rebuilding labor demographics: Palestinian employment in Israeli construction doubles

The Big Spenders Index tracks the 10 locations most likely to see strong growth in big-ticket spending by ultra-wealthy residents or visitors.
March 5th, 2015 - 09:13 GMT

Could've done better: GCC dominates global luxury spending index

Al Bawaba
March 5th, 2015 - 08:42 GMT

Fueling reluctancy? Egypt to pay $3.1 billion debt to foreign oil and gas companies later

Al Bawaba
March 5th, 2015 - 08:22 GMT

Just started: Qatar eying more stakes in international airlines

The volume of Iran’s annual farmed caviar output stands at 3 tons, which is planned to reach 100 tons by 2025
March 5th, 2015 - 08:08 GMT

No sanctions here: caviar exports can equal 12.5% of Iran's oil income

Al Bawaba
March 5th, 2015 - 05:55 GMT

Egypt to promote $10 billion worth of petroleum projects at March conference

Al Bawaba
March 5th, 2015 - 04:55 GMT

A 'philosophical' shift or a rescue attempt? BlackBerry to offer 4 new phones

The project will be built with Egyptian-Arabtec cooperation at a cost of $40bn.
March 4th, 2015 - 07:47 GMT

Second-guessing a $40 billion project? Arabtec plans in Egypt under negotiations

Bank of Khartoum has applied for a branch licence and is hoping to finalise the process of obtaining it within weeks, he said.
March 4th, 2015 - 07:24 GMT

Sudan bank to open first Gulf branch in Bahrain

Al Bawaba
March 4th, 2015 - 06:51 GMT

'Online etiquette' focus of Bahrain youth forum

Al Bawaba
March 4th, 2015 - 06:35 GMT

It ain't pretty: Beirut to crack down on illegal beauty centers

Al Bawaba
March 4th, 2015 - 06:29 GMT

Mixed reactions: Samsung S6 to come to UAE in April

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