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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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Morocco is facing a dire shortage of housing, according to a government official
January 27th, 2013 - 07:16 GMT

Housing shortage in Morocco

Lebanon and Canada has signed agreements designed to boost cooperation in infrastructure and investment
January 27th, 2013 - 07:09 GMT

Lebanon and Canada forge closer ties

An IMF team is current visiting Tunisia to offer technical assistance
January 27th, 2013 - 03:31 GMT

IMF team visiting Tunisia

Poor sales are hitting global computer giant Apple's share price
January 24th, 2013 - 12:43 GMT

Apple products suffering due to imitation and poor sales

The Turkish defence industry has increased exports by almost 36 per cent
January 24th, 2013 - 12:29 GMT

Turkish arms industry increase sales by 36 per cent

The United Bank of Egypt is planning to enter the lucrative GCC banking market
January 24th, 2013 - 11:55 GMT

United Bank of Egypt spreads its wings to GCC

The Egyptian stock market hit a five-month high in daily turnover yesterday
January 24th, 2013 - 11:40 GMT

Egyptian stocks hit five-month high

The International Labour Organisation has warned of a child labour crisis in Yemen
January 24th, 2013 - 09:18 GMT

Child labour a big problem in Yemen

The UN has said that the Syrian uprising has severely damaged the country's agricultural sector, as the Prime Minister holds a meeting to discuss the crisis.
January 24th, 2013 - 08:20 GMT

Syrian PM discusses economy

The Moroccan economy is expected to grow by 4.5 per cent in the first quater of 2013, due to increased agricultural activity
January 24th, 2013 - 07:49 GMT

Morocco: GDP growth expected at 4.5 per cent in first quarter

Lebanon's Prime Minister said that despite a drop in tourist numbers, banking deposits increased
January 24th, 2013 - 07:34 GMT

Banking deposits increasing in Lebanon - PM

Egypt and the IMF are to re-enter negotiations over a much delayed $4.8 billion loan
January 24th, 2013 - 04:00 GMT

Egypt and IMF to enter new negotiations

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