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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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Egyptian stocks remain volatile over political instability
December 18th, 2012 - 03:00 GMT

Egyptian stocks volatile on political instability

UAE-based Dana gas has issued a debt restructuring programme that will see the amount owed reduced by $70million to $850 million
December 17th, 2012 - 12:40 GMT

UAE: Dana Gas restructures Islamic debt

App downloads for smartphones have hit 81 billion
December 17th, 2012 - 12:22 GMT

App-attack: Smartphone app downloads hit 81 billion mark

Guld Air could be forced to take off with 100 unemployed Bahraini pilots as part of a bail out deal
December 17th, 2012 - 10:33 GMT

Gulf Air forced to take off with new pilots

A top oil trader has apologised to Baghdad are buy oil from the semi-autonomous Kurdish region
December 17th, 2012 - 09:56 GMT

Oil trader says 'sorry' to Iraq over Kurdistan oil

Teacher haven taken strike action in the West Bank in protest of unpaid wages
December 17th, 2012 - 08:34 GMT

Teachers strike in the West Bank

Egypt is to allow some gold exports from the country's largest producer, Australia-based Centamin PLC
December 17th, 2012 - 07:19 GMT

Egypt to allow some gold exports

Apple fans may be disappointed in the UAE as stocks run low
December 17th, 2012 - 07:14 GMT

UAE running out of iPhone 5s

Oman is trying to diversify and build a new private sector
December 17th, 2012 - 06:55 GMT

Oman and the private sector

Food prices in Jordan have remained stable, despite the increase in the cost of fuel
December 17th, 2012 - 04:00 GMT

Food prices stable in Jordan, despite fuel rise

Money managers are worrying about the lack of finance for 2013
December 17th, 2012 - 03:00 GMT

The Scramble for Finance

A gas pipeline has been attacked in Yemen
December 16th, 2012 - 12:05 GMT

Gas pipeline explosion in Yemen

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