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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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Global electricity demand is set to shoot up by 70 per cent
November 19th, 2012 - 12:11 GMT

In for a shock: Global electricity demand on the rise

Hackers are targeting Israeli websites over the Gaza offensive
November 19th, 2012 - 10:39 GMT

A cyber invasion of Israeli websites as hackers target government websites in response to Gaza

Business rate in Bahrain have risen
November 19th, 2012 - 09:28 GMT

Interest rates up in Bahrain

Stocks on the slide in Egypt
November 19th, 2012 - 09:08 GMT

Stocks in Egypt on the slide over Gaza and rail accident

Arab banks need to deepen economic cooperation with banks, bankers say
November 19th, 2012 - 08:57 GMT

Arab banks and governments need to interact more, officials say.

The US is to overtake Saudi Arabia as the worlds top oil producer
November 19th, 2012 - 08:30 GMT

The US to overtake Saudi Arabia as top oil producer

Libya is looking to strengthen ties with Saudi Arabia
November 19th, 2012 - 06:00 GMT

Libya and Saudi Arabia looking to strengthen ties

Is nuclear the future in the Saudi kingdom?
November 19th, 2012 - 05:00 GMT

Saudi power generation to go nuclear

Apple's CEO Time Cook has been named  the "most powerful person" in the wireless industry
November 18th, 2012 - 12:59 GMT

Apple's CEO "most powerful person" in the wireless industry

Passengers up at Rafik Hariri Beirut Airport
November 18th, 2012 - 12:46 GMT

Lebanon: Passengers up at Rafik Hariri Beirut Airport

Egypt to increase gas supply from Algeria
November 18th, 2012 - 12:31 GMT

Egypt to be cooking with Algerian gas

The cost of food is on the rise in Egypt
November 18th, 2012 - 11:07 GMT

Egypt: Food prices on going up

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