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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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The UAE is sitting pretty in the eyes of the World Bank
October 25th, 2012 - 08:24 GMT

UAE looking pretty in World Bank's eyes

Israeli police have stopped a protest outside an Israeli supermarket near Ramallah
October 25th, 2012 - 08:15 GMT

Israeli police stop protest at supermarket near Ramallah

The Egyptian stock market see a pre-Eid boost on positive news on the IMF visit
October 25th, 2012 - 08:00 GMT

Pre-Eid Egyptian stocks see a boost over IMF visit

Workers at the Ain Sokhna have agreed to end their two-week long strike
October 25th, 2012 - 07:27 GMT

Strike at Egyptian port over

Saudi Airlines have transported 300 Syrians to Jeddah in time for Hajj
October 25th, 2012 - 04:00 GMT

Saudi Airlines to the rescue: 300 Syrian Pilgrims flown to Jeddah for Hajj

Contracts on oil fields in Iraq are being extended
October 24th, 2012 - 01:14 GMT

Iraq: Oil field contracts to be extended

Foreign Direct Investment in the rise in Egypt
October 24th, 2012 - 01:08 GMT

Foreign Direct Investment on the increase in Egypt

Jordan is planning to launch he government’s controversial proposal to lift fuel subsidies
October 24th, 2012 - 12:08 GMT

Jordan plans media campaign over subsidy reductions

Protests banned as oil prices slip up in Kuwait
October 24th, 2012 - 11:42 GMT

Kuwaiti crude price slips as protests are banned

Small mercies for Lebanon'c Central Bank boss Riad Salameh, as there is no sign of a currency flight after the Achrafieh bombing
October 24th, 2012 - 09:35 GMT

Lebanon: financial markets remain calm despite storm

Morsi is trying to stamp out smuggling in Egypt
October 24th, 2012 - 09:26 GMT

New smuggling scandal hits Egypt

Phil Schiller, Apple Senior Vice President of Worldwide product marketing, with the new  iPad Mini
October 24th, 2012 - 08:18 GMT

An Apple a day: Launch of several key products including new iPad Mini

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