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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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The so-called offset programme was introduced in 1992 as a way of weaning Kuwait off its reliance on oil and gaining access to new technologies and training.
September 10th, 2014 - 03:55 GMT

Kuwait scarps 'offset program' to woe foreign investors

The iPhone 6 will feature a larger 4.7 inch retina HD screen, while a 5.5 inch model also will be offered.
September 9th, 2014 - 07:19 GMT

Today's the day: Apple unveils the iphone 6 and iphone plus as best phone ever made'

Migrants setting off from Turkey also commonly travel by sea to the Greek Aegean Islands, a route much shorter than the treacherous route from Libya to Italy but still fraught with dangers.
September 9th, 2014 - 05:00 GMT

With 'boat season' coming to an end, Turkish coast guard see sharp rise in attempted migrant crossings

In an interview with Reuters, Global’s chief executive Maha Al Ghoneim said the company was now “debt-free” following its debt restructuring last year.
September 9th, 2014 - 04:50 GMT

Celebrating a new beginning: Kuwait's Global Investment House to be relisted as debt-free

Al Tayer praised the strategic partners whose efforts were integral part of the success of the RTA in the successful operation of the Dubai Metro.
September 9th, 2014 - 03:55 GMT

Dubai's metro: Half a billion on board and counting

Al Bawaba
September 9th, 2014 - 03:55 GMT

From Bollywood to Legoland: Dubai parks and resorts to open in 2016

Iran exported $5.2 billion of food and agricultural products and imported $13.2 billion of the products in the previous Iranian calendar year.
September 8th, 2014 - 07:18 GMT

Circumventing sanctions? Iran's pistachio exports jump 50% in 5 months

The emirate is now reviving development plans as its real estate market recovers and its safe haven status in the turbulent Middle East attracts heavy inflows of money.
September 8th, 2014 - 07:06 GMT

$32 billion and beyond: Dubai's spending soars amidst aviation rush

During the meeting, Queen Rania said education is at the top of His Majesty King Abdullah’s priorities, adding that His Majesty has ordered the government to set out an educational reform plan that includes all stakeholders.
September 8th, 2014 - 04:47 GMT

'Educational reform plan to be announced later this year'-Queen Rania

A Palestinian Agriculture Ministry official says the recent Israeli onslaught against the Gaza Strip has had grave impacts on the farming sector in the besieged coastal sliver.
September 8th, 2014 - 03:55 GMT

Nothing left unharmed: Gaza farming drastically hit by Israel offensive

Hamdallah, who heads the Palestinian government of national consensus which took office on 2 June, said the problem of the wages had turned into the main stumbling block to an intra-Palestinian reconciliation deal.
September 8th, 2014 - 03:55 GMT

Unpaid Hamas wages puts Palestinian unity at crossroads

Al Bawaba
September 8th, 2014 - 03:55 GMT

The Middle East included, of course: corruption costs poor countries trillion dollars a year

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