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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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Will Saudi Arabia be able to weather the economic storm?
October 11th, 2012 - 08:23 GMT

Saudi Arabia is prepared for any economic challenges, Minister says

Just hot developed is the UAE?
October 11th, 2012 - 08:06 GMT

'Human Development' shows the true level of economic success

Does WEF show Jordan is stable?
October 11th, 2012 - 07:28 GMT

Holding World Economic Forum in Jordan shows the country is 'stable'

The Suez Canal is a big earner for the Egyptian government
October 11th, 2012 - 05:00 GMT

Not all plain sailing in the Suez Canal

Saudi Aramco discovers a new gas field in the Red Sea
October 10th, 2012 - 11:31 GMT

Saudi Aramco discovers new gas field

Bahrain must improve its services to Hajj pilgrims, according to PM
October 10th, 2012 - 10:31 GMT

Bahrain must improve Hajj services, says PM

Inflation easing in Egypt
October 10th, 2012 - 10:18 GMT

Inflation in Egypt eases as economy remains sluggish

The IMF claims Jordan's economy will grow this year and continue to for the next five years
October 10th, 2012 - 09:13 GMT

IMF: Jordan's economy will grow in 2012

Saudi Arabia's economy takes a hit as fears grow for global economy
October 10th, 2012 - 08:04 GMT

Saudi slips up as global economy worsens

Jordan's Muslim Brotherhood cancelled a planned trip to Egypt to help negotiations
October 10th, 2012 - 07:54 GMT

Jordan's Muslim Brotherhood cancel planned trip to Egypt

The disputed islands are in the strategic Strait of Hormuz
October 10th, 2012 - 07:08 GMT

Diplomatic spat between Iran and UAE heats up

Rice exports look set to happen in Egypt
October 10th, 2012 - 05:00 GMT

Egypt's first rice exports to go ahead

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