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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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UAE iPhone 5S and 5C purchasers can receive 1GB of free data for the first three months if they are a prepaid Wasel customer and postpaid subscribers can receive 10 GB contract-free data capacity plan (Courtesy of 7 Days in Dubai)
November 3rd, 2013 - 11:12 GMT

Etisalat is sending UAE's new iPhone purchasers home with extra perks

Setting a minimum and a maximum wage in Egypt has long been a popular demand.
November 3rd, 2013 - 09:59 GMT

Egypt's private sector remains exempt from minimum wage law

By the end of 2014, Etihad Airways will have 37 aircrafts that will be able to provide the in-flight live news and sports broadcasting (Courtesy of Arab America)
November 3rd, 2013 - 09:21 GMT

UAE's Etihad Airways to offer in-flight TV broadcasts

The proposed metro project in Riyadh is hoped to raise standards of living and support long-term, sustainable development in the capital (Courtesy of Arriyadh Development Authority)
November 3rd, 2013 - 09:05 GMT

Riyadh metro work to begin within months

The announcement was made at the World Islamic Economic Forum being held in London.
November 3rd, 2013 - 08:31 GMT

Dubai's Islamic Development Bank to release $37 billion in sukkuks on Nasdaq

Batelco's new video surveillance is the first one in Bahrain to be launched on a 4G LTE network (Courtesy of Trade Arabia)
November 3rd, 2013 - 07:02 GMT

Bahrain's Batelco launches first 4G video surveillance

Saudi Arabia ranks tenth lowest poverty rate globally according to the recent World Bank poverty report, but measuring poverty is often done in absolute rather than relative terms (Shutterstock)
November 3rd, 2013 - 06:47 GMT

Saudi Arabia touts tenth lowest poverty rate worldwide

Many US refineries are old and configured only to process oil crudes from sources in the Middle East (Courtesy of CNN)
November 3rd, 2013 - 06:27 GMT

US demand for Mideast crude projected to remain high

According to the statement, Valeo, which currently includes 580 Egyptian specialised engineers, is to hire 150 engineers annually over the next three years.
October 31st, 2013 - 01:49 GMT

French auto parts manufacturer expands its investments in Egypt's Smart Village

When a resident takes a picture of an incident by using that module, it gets stored automatically on the device itself and upon submitting the report, it will be sent to authority’s “Case Management System”, Al Raisi said.
October 31st, 2013 - 12:57 GMT

A bug in your salad? Abu Dhabi app lets you report it

The average occupancy in Jumeirah’s portfolio of hotels has increased by eight per cent globally year to date in September this year, compared to the same period in 2012
October 31st, 2013 - 11:34 GMT

Jumeirah Group secures $1.4 billion loan for expansion

India is among Asia’s major importers of energy and relies on the Islamic Republic of Iran to meet a portion of its energy demands.
October 31st, 2013 - 11:07 GMT

India doubles its oil imports from Iran

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