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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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The mechanism to settle such disputes is to be made public after Eid Al-Adha holidays.
September 15th, 2013 - 12:19 GMT

Saudi Arabia announces new speedy mechanism to settle labor disputes

Hanafin said that if the UAE was to provide citizenship to expats it would be slightly detrimental.
September 15th, 2013 - 11:57 GMT

Does the UAE need to attract investors with citizenship offers? Apparently not.

Behind this acceleration in population growth lie the jobs created by the large infrastructure investment currently underway (Pictured: Doha city).
September 15th, 2013 - 11:09 GMT

Qatars new wave of expats spurring non-oil growth

“Wall Street continues to focus on increasing its market share and expanding its presence across the UAE, said Sultan bin Kharsham.
September 15th, 2013 - 08:49 GMT

More Wall Street to come to Jumeirah

Lagarde refused to comment on the money that Egypt received from the Gulf Cooperation Council (GCC).
September 15th, 2013 - 07:46 GMT

Egypt to IMF: Thanks, but no thanks, the Gulf's got us covered

New York crude had struck $112.24 a barrel at the end of August, which was the highest level for more than two years.
September 15th, 2013 - 06:49 GMT

Oil prices eased by ongoing Syria talks


The Qatar Exchange (QE) has 42 listed companies. Its aggregate market capitalization as of Sept. 10 was $144 billion.
September 12th, 2013 - 12:51 GMT

Qatar's listed companies to double in five years!

"According to sources familiar with this market, sales have increased to the point that “there is a container or two each day, loaded with various kinds of foodstuffs, going from Tripoli to Syria.” These factories are flourishing in a manner they never dreamed of (Photo credit:Getty).
September 12th, 2013 - 11:55 GMT

The silver lining in Lebanon's deteriorating economy? Canned goods demand boosted by Syrian refugees

As the economy has improved and various sectors such as retail, tourism and real estate have shown significant improvements, banks in the UAE, including Mashreq, have experienced 20 per cent growth in the first six months."
September 12th, 2013 - 11:20 GMT

UAE banks' growth figures on phenomenal upswing

"You wanted to do more with your smartphone. You wanted a bigger screen and bigger input capabilities. The first Galaxy Note was just the beginning. Today we cross a new boundary by pushing higher," said co-CEO and head of Samsung's mobile business.
September 12th, 2013 - 10:14 GMT

iPhone, who cares? Samsung dominates Saudi Market

Dozens of Lebanese firms are moving their operations abroad, the head of the Beirut Chamber of Commerce told The Daily Star Wednesday, amid what he termed was an “unprecedented economic slowdown.”
September 12th, 2013 - 09:37 GMT

As if the brain drain wasn't enough: energy costs could drive Lebanese businesses away

Pictured: the Iraqi invasion of Kuwait in 1990, which Iraq's new government is still paying the price for.
September 12th, 2013 - 08:48 GMT

The price of the past: Iraq reiterates commitment to pay Kuwait compensations

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