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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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All 11 economists in a Reuters survey had forecast that the bank would keep rates unchanged
June 23rd, 2013 - 11:10 GMT

Egypt’s Central Bank keeps rates on hold

Artificially low government-controlled prices typical across the energy-rich Gulf region have discouraged new projects needed to meet its rapidly rising demand for natural gas
June 23rd, 2013 - 10:45 GMT

BP agrees retail price for hard-to-pump Oman gas project

Spot gold was down 4 per cent at $1,296.60 an ounce at 1454 GMT
June 23rd, 2013 - 10:44 GMT

Gold hits 2 1/2 year low as Fed signals an end to easy money

Jebel Ali Free Zone FZE's (JAFZ)
June 23rd, 2013 - 10:34 GMT

Fitch affirms Jebel Ali Free Zone FZE at B+

First Gulf Bank building
June 23rd, 2013 - 09:20 GMT

First Gulf Bank acquires Dubai First

The rial was trading at around 33,300 per dollar
June 23rd, 2013 - 05:19 GMT

Iranian rial climbs 10 percent as hopes grow over economy

The GCC economies would continue to benefit from high oil prices
June 23rd, 2013 - 05:00 GMT

GCC economies set to grow at 5.6 per cent in 2013

Qatar foreign trade saw rise according to figures
June 20th, 2013 - 10:00 GMT

Qatar foreign merchandise trade surplus up 2.2 per cent in April 2013

Offshore drilling site
June 20th, 2013 - 09:03 GMT

UAE-owned Adma-Opco awards $766 million contract to local firm

Tunisia's national flag
June 20th, 2013 - 09:00 GMT

Tunisia may delay Sukuk issue to next year

The total lPO was valued at SR 5.3 billion in 2012 and SR 1.7 billion in 2011
June 20th, 2013 - 05:00 GMT

Kingdom’s IPO subscriptions decline 53% in 6 months

The price of oil was down slightly yesterday.
June 20th, 2013 - 05:00 GMT

Kuwait says oil prices are fair

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