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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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In June, Washington granted new waivers to China, India, South Korea, and six other countries from the sanctions on Iran
July 16th, 2013 - 07:55 GMT

South Korea vamps up Iranian oil imports

People who use Facebook in Saudi Arabia will be notified about the Hijri calendar option
July 16th, 2013 - 05:49 GMT

Islamic Hijri calendar now available on facebook

The Ramadan promotion at the cooperative includes 400 items that are offered at a discounted price of up to 50 per cent
July 16th, 2013 - 05:41 GMT

UAE starts probing its markets

The 50-day average for trading volume is closer to 234.7 million shares
July 15th, 2013 - 02:55 GMT

Saudi Arabian Real Estate sector on the rise

The combined annual production of 2 billion cubic feet (bcf) at the Helium 1 and 2 plants will help meet around 25 per cent of current global demand
July 15th, 2013 - 12:55 GMT

Qatar becomes 2nd largest helium producer on the planet

A decision was made that Pakistan would provide the wheat and rice instead of cash and Tehran has agreed to it
July 15th, 2013 - 10:55 GMT

Iran agrees to barter wheat from Pakistan

The average monthly blackouts in Bahrain have been cut from 12 hours in 2010 to 3.6 hours last year
July 15th, 2013 - 08:55 GMT

Bahrain sees significant drop in summer power cuts

Kuwait's aid package would comprise a $2 billion central bank deposit, a $1 billion grant and $1 billion in oil products
July 15th, 2013 - 06:05 GMT

Kuwait sends $200 million worth of oil to Egypt

The consumer price inflation was 0.9 per cent during the first half of 2013
July 15th, 2013 - 05:39 GMT

UAE consumer price inflation under control, says senior government official

Mobile billing revenues worldwide are expected to rise by $13bn per year by 2017
July 14th, 2013 - 02:55 GMT

Over 80 million people in Middle East and Africa will turn to mobile banking by 2017

Hotel bookings from the GCC region totaled $1.6 billion in 2012
July 14th, 2013 - 11:55 GMT

Online hotel booking on the rise in the GCC

The project is part of plans to build a $10 billion GCC rail link that will also connect with the proposed Friendship Causeway between Bahrain and Qatar
July 14th, 2013 - 10:55 GMT

Plan for railway tracks along Bahrain Causeway

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