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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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During 2003-2010, the ICT spending has grown at a CAGR of almost 19 percent to reach a value of $12 billion.
September 23rd, 2013 - 07:22 GMT

UAE's ICT spending to reach astounding levels

Fraud is one of the most significant systemic risks faced by financial and other institutions globally,
September 23rd, 2013 - 06:29 GMT

Fraud costing businesses a good chunk of their profits

The Arab Potash Company (APC) has decided to operate at a reduced rate due to uncertainties in world potash markets and the resultant impact on demand.
September 22nd, 2013 - 01:32 GMT

Jordan's Arab Potash cutting production due to uncertainties

The Sudanese justice minister, Mohamed Bishara Dousa, said that the United States economic sanctions imposed on Sudan have seriously affected lives of the Sudanese people.
September 22nd, 2013 - 01:19 GMT

Sudan calls US economic sanctions a 'human rights violation'

The Anglo-Dutch major, in charge of operations at the southern Majnoon oil field, said on Friday it aims to boost output to 175,000 barrels per day (bpd) in October.
September 22nd, 2013 - 10:30 GMT

Shell resumes Iraqi production in Majnoon oilfield

The Corolla, currently produced at 15 plants worldwide, accounts for one in five vehicles sold in Toyota’s 76-year history.
September 22nd, 2013 - 10:08 GMT

The worlds most popular car marks 40.01 million sales figure

The spending has also received support from steady employment growth, especially among Kuwaiti civilians (Photo credit: tradearabia).
September 22nd, 2013 - 08:28 GMT

Kuwait consumers doing what they do best- borrow and spend

The centre will aim to “enhance legal procedures that facilitate the settlement of rental disputes”, reported official news agency WAM.
September 22nd, 2013 - 06:50 GMT

Dubai to cure its rental woes with new center

Hundreds of millions of dinars are being invested in Bahrain's tourism industry with five new luxury hotels set to open in the next six months.
September 22nd, 2013 - 06:27 GMT

What Arab Spring? Five five-star hotels set to open in Bahrain

Another Russian company Lukoil suffered a $63 million loss when it withdrew from a project in the Aran oilfield
September 19th, 2013 - 02:55 GMT

Russian firm ready to develop Iranian gas field

In Beirut and Mount Lebanon, trade has declined by 15 percent in 2012
September 19th, 2013 - 01:55 GMT

Decline in commercial sectors disastrous, lawmakers warn

BlackBerry could lay off up to 40% of staff
September 19th, 2013 - 01:55 GMT

BlackBerry mulls firing 40% staff in latest cost-cutting move

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