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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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Egypt is set to trial a new ration card system for gas canisters
October 29th, 2012 - 10:46 GMT

Egypt: Gas canister trial to star

Dubai want to cut its energy use by 30 per cent by 2030
October 28th, 2012 - 10:28 GMT

Dubai seeking to reduce energy use by 30 per cent

Kuwait is to help fund Serbian rail projects
October 28th, 2012 - 10:05 GMT

Kuwait to help Serbian railways steam ahead

Qatar Airways boss  Akbar al-Baker has announced new routes to the US
October 28th, 2012 - 09:31 GMT

Qatar Airways taking off

The UNs Human Rights Council chief has urged a boycott of 13 international companies that benefit from Israeli settlements
October 28th, 2012 - 09:18 GMT

United Nations: Boycott International companies that benefit from Israeli settlements

Egypt has published new policies to crack down on fuel smuggling
October 28th, 2012 - 08:54 GMT

Egypt: Tougher measures on smugglers proposed

As civil war rages in Syria, the government has announced an increase in state spending in an attempt try and quell the uprising.
October 25th, 2012 - 11:52 GMT

As war rages, Syrian government announces plan to increase state spending

Bahraini's are trying to improve Foreign Direct Investment in their gold industry
October 25th, 2012 - 11:24 GMT

Bahrain's gold sales need boosting

Abu Dhabi has planning to protect itself against a similar debt crisis that hit Dubai in 2008, according to leaked document.
October 25th, 2012 - 11:11 GMT

Abu Dhabi taking steps to avoid a repeat of the 2008 Dubai crisis

Google is expected to announce the updated version of its Nexus  7 tablet
October 25th, 2012 - 10:47 GMT

Google to launch updated rival to iPad

Airlines are seeing a huge rush for the final seats before Eid as prices soar
October 25th, 2012 - 10:33 GMT

Rush for airline seats sees fares take off

A bad Eid for Beiruti business owners after the Sassine square bomb
October 25th, 2012 - 10:24 GMT

Eid strife for Lebanese business owners

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