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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
February 2nd, 2015 - 05:55 GMT

Looking for a new client to substitute Jordan? Israeli Noble in Egypt for gas trade talks

Tourists arriving to Egypt increased to 10 million last year, compared to 9.5 million tourists in 2013.
February 2nd, 2015 - 05:55 GMT

Crisis averted? Egypt tourism revenues reach $7.5 billion

In a highly conservative Islamic kingdom, Alwaleed, who holds no government rank, is unusual for his high profile and periodic comments about economic issues.
February 2nd, 2015 - 04:55 GMT

Prince Waleed Bin Talal launches a TV channel almost as outspoken as he is

Al Bawaba
February 2nd, 2015 - 04:55 GMT

It keeps getting worse (or better): Dubai to face housing shortage ahead of Expo 2020

Al Bawaba
February 1st, 2015 - 06:25 GMT

The biggest winner? Fuel prices in Jordan drop further

Al Bawaba
February 1st, 2015 - 06:12 GMT

Bad Karma? Israel comes 40th in ease of doing business rankings

Al Bawaba
February 1st, 2015 - 11:05 GMT

Privatization momentum: Iran has divested $1 billion worth of state shares in the last 10 months

The turmoil has left unemployment very high in both areas, 19 percent in the West Bank and 41 percent in Gaza.
February 1st, 2015 - 08:55 GMT

War on Gaza pushed Palestinian economy into recession, says IMF

Al Bawaba
February 1st, 2015 - 07:55 GMT

Betting on market share: OPEC countries remain adamant about high production

Students of higher education, both in the Kingdom and abroad, will also receive two bonus stipends as will social security beneficiaries and the disabled.
February 1st, 2015 - 06:55 GMT

King Salman celebrates new throne with two month bonus salaries to all govt employees

In November, Baker took a swipe at legacy carriers, accusing them of being "inefficient" and protected by EU policies.
February 1st, 2015 - 04:55 GMT

Spreading its wings: Qatar Airways buys 10 percent in British Airways owner

He merged the Education Ministry and Higher Education Ministry and replaced Justice Minister Mohammed al-Issa,
February 1st, 2015 - 04:55 GMT

Business as usual: New Saudi King reshuffles cabinet but keeps oil, finance posts

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