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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 1st, 2015 - 06:06 GMT

Cross-border flights, cross-border influence: Yemen, Iran sign civil aviation agreement

The general reserve of the government accounts for 60 percent of the total government reserves and deposits, allocations for government projects is 32 percent and government’s current account 8 percent.


March 1st, 2015 - 05:50 GMT

Bad news? Saudi Arabia experiences 21 month slump in reserves, assets

“Iran will of course not interfere in the services of the companies but we want what they present in the Iranian market to be in line with Iranian laws,” he added.
March 1st, 2015 - 05:15 GMT

Google this: Iran says ready to cooperate with Google, negotiations underway

Al Bawaba
March 1st, 2015 - 12:11 GMT

Unquantifiable benefits? Expats cost Bahrain $907 million a year

Al Bawaba
March 1st, 2015 - 07:44 GMT

'Happy Naimi': Calm Saudi Arabia signals $60 oil price for the long-haul

For all the turmoil in the financial markets, Erdoğan's tirades have won praise from a class of industrialists who have thrived on cheap borrowing costs and political stability over the past decade.
March 1st, 2015 - 07:25 GMT

Turkish Lira hits historic low, Erdogan implies central bank 'treason'

Titled ‘For Everyone’, the campaign will start from March 1, 2015 and is expected to increase the levels of public engagement in the mega event.
March 1st, 2015 - 04:55 GMT

New approach: Dubai launches mega artistic campaign to promote Expo 2020, changes logo

Al Bawaba
February 27th, 2015 - 10:15 GMT

Defying nature, logic, and God's will? Dubai plans to build a 'tropical rainforest'

Al Bawaba
February 27th, 2015 - 10:08 GMT

Lebanon's clearly missing out: Israel to invite firms to bid for 10 Golan oil blocks

The canal, the fastest shipping route between Europe and Asia, earns Egypt around $5 billion per year, a vital source of hard currency in a country whose tourism and foreign investment have slumped
February 27th, 2015 - 09:52 GMT

Militarizing the economy? Egypt army could play role in new Suez lifeline

Al Bawaba
February 26th, 2015 - 10:30 GMT

Long-awaited: Jordan, Israel sign agreement to bring Dead Sea back to life

Flights will be subject to increased safety and security requirements, the regulator said.
February 26th, 2015 - 09:58 GMT

UAE regulator lets airlines resume Baghdad flights after shooting

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