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Oil rises as gold drops
June 15th, 2026 - 06:13 GMT
P. Choiaqo

P. Choiaqo

Gold surges 2% and oil tumbles down 4% as US-Iran war comes to a close

ALBAWABA - After the peace deal between the US and Iran was announced, oil, which had been steadily decreasing, started dropping in earnest in anticipation of the deal between the two warring nations being signed in Geneva, Switzerland, on Friday. This eased concerns regarding inflation and interest rate hikes, allowing gold to surge 2 percent since this morning. After a lot of tumult and turbulence, it seems that the fear-driven ...
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Jordan and Iraq are set to seal the deal on a new oil pipeline
February 25th, 2013 - 03:07 GMT

Iraq and Jordan to make Arab history when they ink oil deal

Saudi Riyal
February 24th, 2013 - 12:48 GMT

Saudis' income bubble may burst: but for now personal earnings soar

The government eyes gold output of around 50 tonnes in 2013
February 24th, 2013 - 12:22 GMT

Sudan's gold rush is worth its weight: surge in production to strike a 150 tonne fortune of $ 8 billion

Primary investigations revealed that the suspect is also involved in promoting and selling fake bank notes
February 24th, 2013 - 11:54 GMT

Who ate all the dough? Fraudster hides fake bank notes by swallowing evidence

Iranian President Mahmoud Ahmadinejad
February 24th, 2013 - 11:30 GMT

It's not all sunshine and rainbows: Ahmadinejad faces the economic music

Political instability hurts the Egyptian gas industry
February 24th, 2013 - 04:00 GMT

Russia no longer cooking on Egyptian gas

Google has revealed the details of its innovative 'Project Glass' wearable computer.
February 21st, 2013 - 11:21 GMT

Google unveils 'Project Glass'

Israel has awarded its first license to drill for oil in the occupied Golan Heights
February 21st, 2013 - 11:14 GMT

Israel awards Golan Heights oil license

New electricity meter are being installed across Yemen
February 21st, 2013 - 10:53 GMT

Yemeni to get prepaid electricity meters

Trade between India and Qatar is booming, increasing by $1.2 billion between 2005 and 2012
February 21st, 2013 - 10:04 GMT

Qatar-India trade booming

Jordan plans to launch its first private sector renewable energy initiative
February 21st, 2013 - 09:05 GMT

Jordan to launch privatised renewable energy projects

Lebanon's Central Bank boss said yesterday that it has sold $2.2 billion of sovereign Eurobonds
February 21st, 2013 - 08:23 GMT

Lebanon's Central Bank sells $2.6 billion Eurobonds

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