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Market shock: Silver sets record while gold and platinum soar
December 26th, 2025 - 11:07 GMT
Osama Ali

Osama Ali

Market shock: Silver sets record while gold and platinum soar

ALBAWABA - Silver broke the $75-per-ounce barrier for the first time on Friday. Gold and platinum also hit record highs, driven by anticipations of more U.S. interest rate cuts and escalating global geopolitical tensions. In spot trading, gold prices saw a significant increase, reaching approximately $4,512 an ounce. This followed a brief period where they surpassed $4,530 earlier in the day. U.S. gold futures also rose, suggesting ongoing investor interest ...
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Oil prices will stay at about $65 a barrel for at least half a year until OPEC changes its collective production
December 10th, 2014 - 05:36 GMT

Kuwait says oil prices 'stuck' at $65, unless OPEC changes it mind

Al Bawaba
December 10th, 2014 - 03:53 GMT

In for the long haul? BP to invest $12 billion in solving Egypt's energy crisis

 In addition to winning ‘World’s Leading Airline’, Etihad Airways scooped up a further two awards ‘World’s Leading First Class’ and ‘World’s Leading Cabin Crew’.
December 10th, 2014 - 06:45 GMT

Etihad airways scoops 'World's Leading Airline' award for sixth year in a row

“This represent about 30 percent of the country’s gross domestic product,” the study said.
December 10th, 2014 - 05:55 GMT

Standing at 30% of GDP: Saudi Shoura takes on fight against 'shadow' economy

Al Bawaba
December 10th, 2014 - 04:55 GMT

Abu Dhabi Financial Group acquires London's central policing and crime building for $580 million

Qatar doesn’t produce enough chicken meat to feed its population, with imports set to rise 11 per cent next year.
December 10th, 2014 - 04:55 GMT

Getting creative? Qatar to launch chicken IPO in 2015

Taxis will be provided with the most advanced communication technology, so passengers can call a taxi company to arrange a pickup
December 9th, 2014 - 11:10 GMT

No more hailing! Saudi Arabia's taxis to go 'smart'

Al Bawaba
December 9th, 2014 - 10:59 GMT

Back on track? GCC railway to be completed in 2018

The Shoura Council also declared this year that Arabic be used as the lingua franca in international conferences and official forums inside the Kingdom.
December 9th, 2014 - 06:18 GMT

But why? Saudi Arabia shuts down 17 international schools

Kuwait has been ranked last in the list of best countries in the world for expatriates to live and work, based on a report titled ‘Expats Insider Survey 2014'.
December 9th, 2014 - 03:05 GMT

Surprise, surprise: Kuwait comes last in list of best countries for expats to live

According to the Egyptian Government, the upcoming phase will witness noticeable activity in investments in the transport and logistics sector.
December 9th, 2014 - 02:49 GMT

Benvenuto! Fifty Italian companies to come to Egypt

 
Egypt will be the second – after Kuwait – to sign a nuclear memorandum with Jordan.
December 9th, 2014 - 02:33 GMT

No Israel this time? Jordan, Egypt sign agreement to cooperate on nuclear energy

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