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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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Morsi and 14 other senior Islamists and Muslim Brotherhood figures are standing trial on charges of inciting violence and murder at the Ittihadiya presidential palace clashes in December 2012.
November 5th, 2013 - 04:55 GMT

Egypt's stock market upbeat despite Morsi Trial

Last month alone, Blackberry reported a second-quarter net loss of $965m  (Pictured: Blackberry Z10)
November 4th, 2013 - 03:42 GMT

Breaking: Blackberry no longer selling iself

Violators will be lodged in regular prisons, which fall under the jurisdiction of the Prisons Department.
November 4th, 2013 - 02:40 GMT

Perhaps it should criminalize its rapists first? Saudi gets its jails ready for workers

UAE's Central Bank is imposing the new bank exposure rules in December in order to ensure that the country avoids future corporate debt crises similar to Dubai's most recent economic meltdown (Courtesy of the Business Recorder)
November 4th, 2013 - 11:14 GMT

New UAE bank exposure rules scheduled to take effect in December

In addition to adding the new four routes, Qatar Airways Cargo has added new Boeing 777 freighter services to its Seoul route (Courtesy of Wikimedia)
November 4th, 2013 - 10:54 GMT

4 more destinations added to Qatar Airways Cargo services

Oman has the "ideal" atmosphere for tourism investment according to the Oman Chamber of Commerce and Industry (Courtesy of the Global Arab Network)
November 4th, 2013 - 10:25 GMT

The next financial frontier: Oman to host first tourism investment conference in December

About 969 million in 2012 was spent on advertising in Kuwait (Courtesy of Visit Kuwait)
November 4th, 2013 - 09:48 GMT

Kuwait's advertising industry earning investors' millions

Saudi Arabia will begin inspection raids on Monday for expatriate workers in the country without labor or residency status (Courtesy of Gulf Business)
November 4th, 2013 - 09:28 GMT

Saudis looking to hire, but where are the workers? KSA to begin deportations Monday

Before the growth of the SADAD system, many individuals paid a huge percentage of their bills in cash at bank branches. The electronic billing system has cut down the government's losses from using a manual, cash-based system (Courtesy of Saudi Lifestyle)
November 4th, 2013 - 07:32 GMT

Saudi Arabia's electronic bill payment system SADAD ranked second largest globally

Online travel in Saudi Arabia is projected to reach $1.9 billion. (Image credit: Shutterstock)
November 4th, 2013 - 07:05 GMT

Saudi online travel projected to take off

The value of the contract is $11 million. The identity of the customer, however, was not disclosed.
November 3rd, 2013 - 01:58 GMT

Middle Eastern country splurges $11 million on spying technology

DI owns around 40 subsidiaries and joint ventures encompassing a diverse range of sectors.
November 3rd, 2013 - 01:32 GMT

Talk about smashing profits, Dubai Investments reports 98% increase in Q3 profit

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