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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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Kuwait, a key OPEC member, controls nearly 101 billion barrels of proven oil reserves at around three trillion cubic metres of natural gas.
November 20th, 2013 - 03:55 GMT

Desperate to stay on top, Kuwait pumps billions to raise oil production capacities

The deals mark another statement of intent to pay down debts, the FT report said, adding that the IMF estimates that Dubai has $85 billion of debt that will mature by 2017.
November 20th, 2013 - 03:55 GMT

Shocking! Atlantis Hotel to be sold for debt repayment

The London school’s understanding of the region and its energy sector is a major reason behind the award of the contract, says Anas Meerza, general manager of Kuwait’s National Technology Enterprises Company (NTEC).
November 19th, 2013 - 12:51 GMT

Slam dunk for education: London Business School signs $38million contract with Kuwait

Emirates Insolaire is part of Glass, the glass pioneers in the Middle East, and a wholly-owned subsidiary of DI.
November 19th, 2013 - 12:27 GMT

Dubai Investments introduces energy-generating colored solar glass

Amnesty International (AI) has said it has time and again raised the issue of the sponsorship (Kafala) and exit permit systems, but no commitment to repeal these have been given to them by the Qatari authorities till date.
November 19th, 2013 - 09:48 GMT

Despite calls from Amnesty, Qatar's humiliating "Kafala" , exit permit system to stay

The Forbes study identified the talent leading the MENA operations of the world's most powerful corporations. (Image credit: Shutterstock)
November 19th, 2013 - 08:08 GMT

Forbes: Nine out of every ten corporations favors UAE

LPG demand has surged due to increased demand from countries like China and India. (Image credit: Shutterstock)
November 19th, 2013 - 06:32 GMT

Qatar to increase chemicals, petrochemicals and LPG output

E-commerce shopping has taken off in Saudi Arabia. (Image credit: Shutterstock)
November 19th, 2013 - 06:00 GMT

E-commerce spending reaches record high in Saudi Arabia

Solar glass is a rapidly expanding business market. (Image credit: Shutterstock)
November 19th, 2013 - 04:51 GMT

With a new technology, a new UAE company eyes 10% of the global solar market

The company was only "ghost-run" by an Emirati, when in fact, an expat did all the work.
November 19th, 2013 - 03:55 GMT

Company run by 'ghost' closed down in the UAE

In an earlier statement Al-Tekhaifi said that jobs in more than 7,000 lingerie shops have been completely feminized.
November 19th, 2013 - 03:55 GMT

Saudi Arabia to go all feminist...in the labour market

Eypt is safe from risks of rising external debt levels and the current debt size poses no threats, said Deputy Prime Minister and Minister of International Cooperation Ziad Bahaa El-Din in a press conference on Sunday.
November 18th, 2013 - 06:08 GMT

Sensible or delusional? Egypt's external debt 'not a threat'- deputy PM

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