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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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Tunis is also in talks with Qatar about the Gulf deositing at the Tunisian central bank
June 17th, 2013 - 05:13 GMT

Tunisia gets $1.2 bn funding from Islamic Development Bank

The statement gave no timeframe for the capital increase or the regulatory approval process.
June 17th, 2013 - 05:00 GMT

Egyptian property developer plans $85.8 mln rights issue

Moody's Investors Service has upgraded Jebel Ali Free Zone FZE's (JAFZ) Corporate Family Rating (CFR)
June 17th, 2013 - 05:00 GMT

Moodys upgrades JAFZ's ratings to Ba3; on review for further upgrade

no changes to the plan or the amount of aid the country is seeking
June 17th, 2013 - 04:30 GMT

Egypt in late stages of verifying reform plan with IMF - central bank

Emirates Securities Market
June 16th, 2013 - 01:00 GMT

UAE, Qatar bourses rally after MSCI upgrade

The board of the subsidy fund said subsidies burned up 53.36 billion dirhams in 2012
June 16th, 2013 - 12:01 GMT

Morocco says aims to cut subsidies - if commodity prices allow

UDC is the developer of a man-made island in Doha
June 16th, 2013 - 11:46 GMT

Qatar developer UDC to raise $428 mn loan

The 489-seat Emirates A380 offers 14 Private First Class Suites, 76 lie-flat beds in Business Class and 399 spacious seats in Economy Class
June 16th, 2013 - 11:43 GMT

Emirates A380 to fly to Los Angeles

Desktop PCs are projected to fall by 5 per cent for the year
June 16th, 2013 - 11:40 GMT

UAE computer sales to fall 19.7% in second quarter

Oil tanks
June 16th, 2013 - 10:50 GMT

UAE May oil output up 1.1% over April - IEA

The index trimmed its year-to-date gains to 7.25 percent.
June 16th, 2013 - 10:42 GMT

Saudi Tadawul plunges by 4 percent

The Kingdom has this potential because it is located close to the equator
June 16th, 2013 - 05:00 GMT

‘Solar energy crucial to meet rising demand in Saudi Arabia'

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