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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 Tunisian economy is set to grow in 2013
October 8th, 2012 - 01:33 GMT

Tunisian economy set to grow

Can economists and the private sector come together to reform the Jordanian economy?
October 8th, 2012 - 01:08 GMT

Plans to help rebuild Jordans economy

Egypt's foreign reserves fall
October 8th, 2012 - 01:01 GMT

Egypt's international reserves fall

Saudi Arabia is to launch it's a new television channel to support young entrepreneurs
October 8th, 2012 - 11:34 GMT

Saudi launches television channel to help home-grown talent

Omani police and customs caught the smugglers when inspecting trucks at a check point
October 8th, 2012 - 09:43 GMT

Oil smuggling gang arrested in Oman

Iran is attempting to sail round Western sanction with new oil tankers
October 8th, 2012 - 07:54 GMT

Iran tries to sail round sanctions

Medical tourism is on the rise in Jordan
October 8th, 2012 - 07:33 GMT

Medical tourism to Jordan expanding

Yemen confirms oil plans
October 8th, 2012 - 07:03 GMT

Yemen confirms oil plans

With the changes in the cabinet in Egypt, corruption reconciliation cases are being delayed
October 8th, 2012 - 06:42 GMT

Reconciliation for corrupt businesses from the Mubarak era?

China's low price for steel is causing alarm amongst Egyptian manufacturers
October 8th, 2012 - 05:30 GMT

China spooks Egypt's steel makers

Former head of Egypt's administrative watchdog has no idea why Morsi saked him
October 7th, 2012 - 12:03 GMT

Egypt's watchdog boss shocked over his sacking

The Hajj pilgrimage is fast approaching, as pilgrims arrive in Saudi Arabia
October 7th, 2012 - 11:55 GMT

Hajj Pilgrims arrive in Saudi

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