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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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The Saudi Industrial Development Fund (SIDF)
June 16th, 2013 - 05:00 GMT

Default rate for Saudi Industrial Development Fund loans minimal

International Monetary Fund
June 16th, 2013 - 04:30 GMT

IMF concerned about Dubai debt expansion to $142bn

Egypt bourse
June 13th, 2013 - 09:43 GMT

Egypt bourse tumbles to 11-month low on MSCI worries

Sorouh and Aldar weigh $15 billion merger plan
June 13th, 2013 - 09:39 GMT

Abu Dhabi's Aldar, Sorouh see merger closing by June 30

Dubai Expo 2020
June 13th, 2013 - 09:31 GMT

UAE pledges $150mn to support Dubai Expo 2020 participants

In Dubai, there are currently 11 plants varying from 400 megawatts to 1,400 megawatts
June 13th, 2013 - 04:30 GMT

GCC Power investments estimated at more than $250 billion in next five years

Portable PCs are projected to fall by 16 per cent for the year
June 13th, 2013 - 04:00 GMT

UAE computer sales to fall 19.7% in second quarter

 the tariff for higher categories will be substantially increased with additional imposition of a tax on consumption of over 1,000 units per month
June 13th, 2013 - 04:00 GMT

Pakistan unveils $200 billion ambitious budget

Banque Misr, National Bank of Egypt
June 12th, 2013 - 12:04 GMT

Egypt trims treasury bond auction as investors fret

The deal will be the first local currency Saudi debt issue that Standard Chartered has been involved in
June 12th, 2013 - 11:57 GMT

Saudi airports agency picks banks for huge riyal Sukuk

Emirates NBD
June 12th, 2013 - 11:16 GMT

Emirates ENBD completes purchase of BNP's Egypt arm

Fitch Ratings has upgraded the bank's Viability Ratings to 'bb-' from 'b+'
June 12th, 2013 - 11:14 GMT

Fitch upgrades Gulf Bank's Viability Rating; affirms IDR at "A+";

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