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Main headlines latest

underwater gold field
December 22nd, 2025 - 11:20 GMT
Sally Shakkour

Sally Shakkour

Historic discovery in China: Huge underwater gold field

ALBAWABA - A historic discovery was announced by the Chinese government on Monday as they said they have found the biggest underwater gold mine, a local Chinese newspaper reported. China said that it has discovered the country's first underwater gold field off the coast of Shandong province. Chinese authorities described the discovery as the largest of its kind in Asia, according to the South China Morning Post, though Chinese media ...
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Iranian banks were disconnected from the global financial network, making payment transfers to or from Iran very difficult
July 21st, 2013 - 08:55 GMT

Iran in economic distress: Skipped loan payments spark concern

Iran would receive nearly USD 10 million a day and USD 3.7 billion a year from natural gas exports to Iraqi power plants
July 21st, 2013 - 06:10 GMT

Iran to sign oil deal with Iraq while 'friendship' pipeline still underway

The drop ranged between 0.1 per cent for paints and 14.8 per cent for wires for residential towers
July 21st, 2013 - 06:01 GMT

Roll up, roll up, Construction materials sale! Prices of building products in Abu Dhabi down

the Kingdom is aiming to generate 18 GW of nuclear energy, 3 GW of waste to energy, 1 GW of geothermal and an additional 9 GW of wind power, specifically for water desalination plants
July 18th, 2013 - 02:55 GMT

Saudi Arabia aims to be world’s largest renewable energy market

Cyprus has agreed to cut its budget deficit to 2.4 percent of gross domestic product in 2016, from an estimated 5.9 percent this year
July 18th, 2013 - 12:55 GMT

IMF, EU inspectors start quizzing Cyprus on bailout

It wasn’t too long ago when a number of consumers started ditching their credit cards for fear of incurring massive debt
July 18th, 2013 - 10:55 GMT

Uptake of credit cards on the rise in UAE

Tax exemption up to 80 percent are being offered to investments in the industry and mine sector
July 18th, 2013 - 09:55 GMT

Iran’s annual tax income seen to hit $18.1b

Currently, only 940 drugs from the registered 6,868 are made in the UAE
July 18th, 2013 - 08:55 GMT

Cheaper medicines to be made in UAE

Growth in the depositary base continues to provide opportunities to expand the financing capabilities of the banking system
July 18th, 2013 - 07:55 GMT

Deposits at Saudi banks reach SR1.3 trillion

Iraq also plans to build a refinery in the city of Nassiriya
July 18th, 2013 - 07:17 GMT

Iran ready to build mini-refineries abroad

Iraq also plans to build a refinery in the city of Nassiriya
July 18th, 2013 - 07:05 GMT

Iran ready to build mini-refineries abroad

Saudi Arabia topped the list of importers of Egyptian food products during the first half of 2013
July 18th, 2013 - 05:52 GMT

Egyptian food industries scoring points in the US market

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