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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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Qualified customers will enjoy free holiday packages, with the flexibility to choose their destinations. They will also have a chance to start repayment for their loans next year.
September 8th, 2013 - 02:36 GMT

Commercial Bank of Dubai offers a free vacation for those willing to sink themselves in debt

Be prepared for a turning of the cycle very soon, and the stock market is unlikely to keep its nerve in anticipation.
September 8th, 2013 - 02:02 GMT

Global markets on the edge, awaiting US, UN decision

With its isolated coffee shops and restaurants, Beirut seems to have lost its old charm. Pictured: an empty Beirut Restaurant.
September 8th, 2013 - 01:00 GMT

Syrian crisis threatens Beirut's standing as "Paris of the Middle East"

Despite the rising influx of refugees, the Lebanese state has yet to draft a comprehensive plan to meet increasing needs, particularly in the health and education sectors.
September 8th, 2013 - 12:45 GMT

World Bank to attempt and rectify Syria's economic toll on Lebanon

The theme of the conference this year was, “Extending Horizon’s Charting Asia’s Flourishing Future.”
September 8th, 2013 - 08:15 GMT

Harvard,AUD host conference on global socioeconomic issues in Dubai

The NBK pointed out that the investment sector sales totaled KD176 million in July, almost double the amount seen a year earlier.
September 8th, 2013 - 07:33 GMT

Kuwait's real estate and investment sectors booming to record levels

The biggest damage resulting from the closure of oil facilities is the reduction in the production of oil and gas, which has caused a deficit in the general budget of the Libyan state.
September 5th, 2013 - 01:54 GMT

Libya's oil production: hitting rock bottom?

Head of the Industrialists Association Nehmat Frem warned that Lebanon had crossed into dangerous territory when its public debt grew above $60 billion.
September 5th, 2013 - 01:48 GMT

Lebanon's private sector strike described as 'unmatched in 40 years'

The country’s strong performance in terms of competitiveness rests on solid foundations made up of a high-quality institutional framework (4th), a stable macroeconomic environment (6th), and an efficient goods market (3rd), the report said.
September 5th, 2013 - 12:55 GMT

Qatar shining as most competitive economy in the Middle East

While Syria is not a big oil producer, investors are worried that a strike by Western forces against the country could spread unrest in the Middle East and disrupt supply from the region that pumps a third of the world’s crude.
September 5th, 2013 - 12:29 GMT

GCC markets remain as shaky as Obama's decision-making

 Battery life, a key challenge for most wearable devices, has improved to over 27 hours under Samsung's normal-use tests.
September 5th, 2013 - 12:09 GMT

Samsung unveils smartwatch

Nearly 80 per cent complete and located in a prime residential area in close proximity to Dubai Mall, Emirates Towers, Burj Khalifa and the Financial Centre metro station, the Central Park tower will comprise 426 apartments (Pictured: Dubai's International Financial Centre).
September 5th, 2013 - 10:20 GMT

A very different 'Central Park' coming to Dubai

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