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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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Switzerland has blocked  millions of dollars of assets relating to Mubarak
October 17th, 2012 - 04:00 GMT

Switzerland blocks Mubarak's assets

Gulf air flights to Iran have been delayed
October 17th, 2012 - 04:00 GMT

Gulf Air delayed for take off

Ayatollah Ali Khamenei has said Iran will not give in to "bullying" on state television
October 16th, 2012 - 01:03 GMT

Ayatollah Ali Khamenei : Iran will not give in to "bullying"

Turkish civilian aircraft have been banned from using Syrian airspace
October 16th, 2012 - 11:04 GMT

Amman-Istanbul flights to take longer, as tensions between Turkey and Syria heat up

Morocco could sell a minority stake in Royal Air Maroc, the national flag carrier, to Gulf airlines
October 16th, 2012 - 10:46 GMT

Royal Air Maroc deal could take off

Catherine Ashton, head of EU foreign policy, has tightened sanctions on Iran
October 16th, 2012 - 10:32 GMT

EU tightens sanctions on Iran

Egypt's production of staples is on the increase, new figures show
October 16th, 2012 - 08:01 GMT

World Food Day: Egypt's staple food production growing

The Greater Amman Municipality has employed 430 people with disabilities
October 16th, 2012 - 07:45 GMT

Jordan working hard to employ disabled workers

Taxi drivers in Lebanon are set to stage a strike over the cost of fuel
October 16th, 2012 - 07:00 GMT

Taxi drivers to strike in Lebanon

The Egyptian economy is set for a boost after signing a major deal with a Chinese car manufacturer
October 16th, 2012 - 05:00 GMT

Egypt signs key deal to assemble Chinese cars

Sheep prices are leaping in Saudi
October 16th, 2012 - 05:00 GMT

World Food Day: Saudi sheep prices soaring

Alvin Roth and Lloyd Shapley have been awarded the 2012 Nobel Prize for Economics
October 15th, 2012 - 12:45 GMT

'Noble' economics prize winners are best match

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