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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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Dubai's  economy is booming
November 27th, 2012 - 08:23 GMT

Dubai's economy booming

Saudi Arabi has signed a multi million dollar contract with an US defence firm
November 27th, 2012 - 08:04 GMT

Saudi signs $600 million defence contract

Gold is being seen as a safe haven for investors
November 27th, 2012 - 07:41 GMT

Middle East causes gold-price boom

A Potentially tough day at the office for Lebanon's Prime Minister Najib Mikati as a general strike is called
November 27th, 2012 - 04:00 GMT

More strike action in Lebanon

Jordan's trade deficit on the increase
November 27th, 2012 - 03:00 GMT

Jordan: Trade deficit on the rise

Iran is set to increase gas production in South Pars gas field
November 26th, 2012 - 11:37 GMT

Iran: Plans to increase gas production

Satellite television channels in Egypt were disrupted Sunday evening, but the source behind the disruption remains unclear.
November 26th, 2012 - 10:44 GMT

Disruption to Egyptian television

See you in court! Apple and Samsung fighting new patent wars
November 26th, 2012 - 10:24 GMT

An Apple a day keeps the lawyers at bay? Not so for Samsung

Egyptian stocks recovering in early trading after 'Black Sunday' saw 10 per cent wiped of the value of companies
November 26th, 2012 - 10:08 GMT

Egyptian stocks recovering

Oil prices ease as Middle East recedes
November 26th, 2012 - 09:40 GMT

Oil price dips as Middle East tension eases

More Middle East tensions see stocks sliding in Egypt and Saudi
November 26th, 2012 - 08:10 GMT

Regional stock markets unstable, Egypt and Saudi slide as Dubai rockets

The Netherlands and UNICEF are giving Yemen financial assistance to  improve water systems
November 26th, 2012 - 07:53 GMT

No cloggs attached: The Netherlands offers financial aid to Yemen

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