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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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Google is looking set to launch a map app for Apple products
December 13th, 2012 - 09:06 GMT

Finally, we won't get lost: Google map iPhone app to launch

Libya is looking at rebuilding the Sirte-Benghazi railway, the Vice-President of Russian Railways has said
December 13th, 2012 - 08:49 GMT

Is Libya about to go on the rails?

OPEC has decided to maintain current oil output levels
December 13th, 2012 - 08:35 GMT

OPEC to maintain production levels

Saudi Arabia has pledge more money for Syrian refugees and internally displaced people
December 13th, 2012 - 08:27 GMT

Saudi Arabia pledges more aid for Syria

Stocks on the Egyptian bourse remained calm in light of positive political news
December 13th, 2012 - 03:00 GMT

Egyptian stocks steady

Hundreds of  foreign workers in Jordan have taken part in a scheme to help avoid visa fines
December 13th, 2012 - 03:00 GMT

Jordan: Domestic workers take advantage of visa-amnesty

Lebanon's Petrolab has said it will seek Lebanese workers for oil and gas exploration
December 12th, 2012 - 11:00 GMT

Lebanese workers for Lebanese oil

Tunisia and Morocco have been awarded funding from the European Union for various country-specific projects
December 12th, 2012 - 09:20 GMT

EU to fund projects in Tunisia and Morocco

Qatar has been given a $1 billion quota to invest in China, much lower than the $5 billion it had hoped for
December 12th, 2012 - 08:51 GMT

Qatar given $1 billion quota for the Chinese dragon

Libya could be set for more oil exploration
December 12th, 2012 - 08:02 GMT

More exploration for black gold in Libya

Taiwan's HTC is trying to steal more of the lucrative smartphone market
December 12th, 2012 - 07:52 GMT

HTC goes to war with Apple

HSBC has been fined over laundering Iranian and Syrian money in the US
December 12th, 2012 - 07:37 GMT

The world's local bank cleaning Syrian and Iranian money

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