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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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Israel is to withhold tax revenues from Palestine
December 2nd, 2012 - 12:34 GMT

Israel announces no tax transfer to Palestine

Google has celebrated the UAEs national day with a new 'Google doodle'
December 2nd, 2012 - 11:35 GMT

A Google doodle for the UAE

Stocks are recovering in Egypt after a week of turmoil
December 2nd, 2012 - 11:21 GMT

Egyptian stocks recovering slowly

Qatar is offering to fund French SMEs
December 2nd, 2012 - 11:13 GMT

Qatar set to invest in French SMEs

Arab economies need to better coordinate ISO effort, according to a Saudi expert
December 2nd, 2012 - 10:16 GMT

Arab economices need 'International Standards'

Abu Dhabi's Taqa looking for oil in Iraq's autonomous Kurdish region
December 2nd, 2012 - 08:59 GMT

Abu Dhabi's Taqa looking for oil in Iraq's Kurdish region

Arab cash reserves have grown $115 bilion in 2012
December 2nd, 2012 - 07:52 GMT

Arab cash reserves booming

Jordan looks set to deport thousands of illegal Egyptian workers, as they also discuss trade ties
December 2nd, 2012 - 07:30 GMT

Jordan to deport illegal Egyptian workers

Food prices are stable, but still high, according to the World Bank
December 2nd, 2012 - 03:33 GMT

World Bank: Food prices high, but stable

Qatar will have the fastest growing economy in the GCC, according to Fitch Ratings
December 2nd, 2012 - 03:00 GMT

Qatar to be fastest growing GCC economy

Officials in two Jordanian ministries are having their access to vehicles revoked under austerity measures
November 29th, 2012 - 01:25 GMT

Jordan's austerity sees government vehicles removed from employees

The Eurozone crisis could be good news for the GCC
November 29th, 2012 - 12:35 GMT

Eurozone crisis could be good news for GCC

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