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Gold
December 23rd, 2025 - 09:37 GMT
Al Bawaba Staff

Al Bawaba Staff

Gold prices hit record high due to US-Venezuela tensions

ALBAWABA - Gold prices reached a record high of $4,426.66 per ounce on Tuesday, amid heightened geopolitical and financial tensions, including the US's attempts to seize Venezuelan oil tankers. The BBC reported that the price of the metal increased after news that the US central bank will cut interest rates in 2026. Additionally, silver prices also jumped after hitting an all-time high of $69.44 yesterday. Gold prices hit record high ...
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Saudi and China's trade relationship has improved dramatically thanks to the strong relationship between KSA's King Abdullah and Chinese President Xi Jinping (Reuters)
November 21st, 2013 - 07:47 GMT

Saudi-Chinese relationship heats up as trade volume increases to $73 billion

Etihad has gained a foothold in the lucrative Indian market. (Image credit: Shutterstock)
November 21st, 2013 - 05:23 GMT

Etihad - Jet Airways merger approved

In the letter, the head said that the reasons given for the Jumeirah 3 school closure are “purely business”.
November 21st, 2013 - 03:55 GMT

Heartwarming: parents ready to pay extra to save Dubai's school from bankruptcy


To indicate their interest in switching to du and be notified as soon as MNP is available, customers can simply send an SMS ‘CHANGE’ to 3553 or visit du.ae/change.
November 21st, 2013 - 03:55 GMT

A miracle? a dream? A reality! Change your network, keep your number!

The country’s ‘Aa2’ foreign and local-currency government bond ratings stand along with similar ratings of Kuwait (‘Aa2’ stable) and the UAE (‘Aa2’ stable).
November 20th, 2013 - 06:57 GMT

Qatar boasts high financial indicators, if only its worker rights ratings were half as high

Saudi Arabia's Aramco, the largest crude oil exporter in the world, recently bought solar panels from Canada that it will install in one of it's power plants (Courtesy of Zawya)
November 20th, 2013 - 11:00 GMT

Oil-giant KSA at UN conference to share expertise on "green" technologies

Egypt's interim president Adly Mansour previously met with Bahrain's King Hamad to discuss investment ties. Egypt hopes to extend investment ties with other GCC nations as well in the upcoming months (Courtesy of Bahrain News Agency)
November 20th, 2013 - 10:41 GMT

Is Egypt next locale for GCC investment? Prospects developing ahead of Cairo conference

 eGovernment and ICT will be one of the key collaboration areas between UAE and Singapore under the new agreement (Courtesy of Trade Arabia)
November 20th, 2013 - 09:39 GMT

Taking "talks" to the next level: UAE and Singapore strengthen ICT collaboration

Dubai’s price increases so far have been built on solid fundamentals such as trade and tourism. (Image credit: Shutterstock)
November 20th, 2013 - 06:24 GMT

The average home in Dubai costs $1.4 million USD

The banking secotr in Saudi Arabia continues to grow in the midst of a tough global market. (Image credit: Shuterstock)
November 20th, 2013 - 06:12 GMT

In a strong showing, Saudi Arabia's bank deposits are up 14%

The GCC region will commit almost two thirds of construction spend between 2013 and 2016 - with a peak of $144 billion in construction in 2016. (Image credit: Shutterstock)
November 20th, 2013 - 05:56 GMT

In the next twenty years, $1 trillion in construction projects in the Middle East

Based on interviews with workers, officials and employers, the report found that abuse was rampant on the sites of many multinational firms working on world cup projects.
November 20th, 2013 - 03:55 GMT

A tad too insincere? Qatar shamed into new labour laws

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