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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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Nissan's chief executive Carlos Ghosn had earlier said that he wants the company to be the first to sell self-driving cars.
August 28th, 2013 - 09:10 GMT

What will Saudi Arabia have to say to women? Nissan to launch 'driverless' cars by 2020

Tuesday’s decline trimmed the overall gain of Dubai’s benchmark to 57 per cent this year, still the second-best among global benchmarks after Ghana’s market.
August 28th, 2013 - 07:24 GMT

Syrian crisis crashing the GCC's financial markets, bringing them to lowest in the world

Dubai led losses across Middle East bourses and sharply underperformed emerging market losses globally - MSCI's emerging market index was down 1.3 percent.
August 27th, 2013 - 12:16 GMT

An irrational development: Dubai bourse plummets most since 2009 due to Syrian crisis

“This dispute has serious foreign relations implications, evidenced by the filings of three governments in the courts below, in which U.S. ally Jordan protested that the sanctions ‘severely infringe’ its sovereignty and ‘punish Arab Bank for not violating Jordanian law.’”
August 27th, 2013 - 12:03 GMT

Jordan's Arab Bank acquitted by NY federal court from thousands of charges!

The construction and commissioning of those thermal power plants in Turkey’s Afsin-Elbistan region would have created more than 10,000 jobs.
August 27th, 2013 - 11:14 GMT

When money talks politics: Taqa to withdraw $12 billion investment from Turkey

The UAE retail sector is expected to continue with its buoyancy during the second half as well.
August 27th, 2013 - 10:58 GMT

Eid comes early? Might not be the case for children, but "back to school" is retailers' new Eid

The Putin-Bandar meeting was injected with threats of a “dramatic turn of events” in Syria (Photo Credit: Getty images).
August 27th, 2013 - 10:31 GMT

Futile or dangerous? Saudi Arabi attempts to seduce Russia with lucrative oil and gas deal

According to Bino, the ACC has referred major cases to the judiciary (Courtesy of: the Jordan Times).
August 27th, 2013 - 08:01 GMT

A brighter future? Jordan says it's winning the battle against corruption

Japan also hopes to bolster ties to secure a stable supply of energy as about 76 per cent of Japan's imports of crude came from Gulf states as of 201. PicturedL Japanese Prime Minister, Shinzo Abe (Photo Credit: Getty images).
August 27th, 2013 - 07:19 GMT

Yup, it wasn't just about food: Bahrain to become a trade hub for Japan

Meanwhile, on the business front, Japan pushed for a Free Trade Agreement (FTA) with the GCC to boost trade ties. Meanwhile, on the business front, Japan pushed for a Free Trade Agreement (FTA) with the GCC to boost trade ties (Pictured: Japan Fokoshima Disaster).
August 26th, 2013 - 01:57 GMT

Stepping stone for a trade agreement? Bahrain becomes first GCC state to lift import ban on Japanese food after nuclear disaster

The unified GCC visa would not cancel the existing system of a single GCC country visa
August 26th, 2013 - 12:23 GMT

Doing it the Schengen way? GCC to introduce unified visa in mid-2014

Saudi Arabia is creating several new cities across the kingdom, particularly near the religious cities of Makkah and Medinah, as its population rapidly grows.
August 26th, 2013 - 11:52 GMT

Saudi Arabia about to build a whole new city next to Mecca!

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