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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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Following the bombing that killed Intelligence Chief Wissam al-Hassan, the private sector has called for the Prime Minister to resign
October 22nd, 2012 - 11:56 GMT

Lebanon: Private sector calls for Mikati to go

Mohammed Obeid Al Mazrouei, Chairman UAE official Hajj mission, has been inspecting conditions for Emirati pilgrims
October 22nd, 2012 - 11:42 GMT

UAE checks conditions for Hajj

The Greater Amman Municipality is to extend opening hours for the Abdali market for Eid al Adha
October 22nd, 2012 - 10:47 GMT

Eid: Amman's markets to extend opening hours

More bad new for Mikati as Foreign Direct Investment crashes
October 22nd, 2012 - 08:43 GMT

Lebanon: Foreign Direct Investment falls of a cliff

Qatar’s Emir Shaikh Hamad Bin Khalifa Al Thani will be the first Arab leader to visit Gaza since Hamas took control
October 22nd, 2012 - 08:40 GMT

Gaza set for Qatari Emir's visit

Egypt plans to finalise key IMF deal
October 22nd, 2012 - 07:39 GMT

Egypt to finalise IMF plan

Beef imports are on the rise in the Middle East
October 22nd, 2012 - 06:52 GMT

Middle East Beef imports from Brazil on the increase

Qatar sitting pretty with a good money supply
October 22nd, 2012 - 04:00 GMT

Qatar looking good for money supply

Are Iran and the US going to get round the negotiating table?
October 21st, 2012 - 01:47 GMT

US denies claims of direct talks with Tehran

The UAE is highly confident that it is "immune" from global economic shocks
October 21st, 2012 - 01:14 GMT

Hubris in the UAE as it claims "immunity" from external shocks

Ahmed Shafiq has had his assest frozen by Egypt's Illicit Gains Authority
October 21st, 2012 - 12:58 GMT

Egypt freezes assest of Mubarak era prime minister

Kuwait credit growth increasing, as are protests
October 21st, 2012 - 12:51 GMT

Kuwait: Strong credit growth as protests continue

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