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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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Rice is to be exported from Egypt after a ban is lifted
October 3rd, 2012 - 09:48 GMT

Trade ban lifted: Egypt to export rice

The Central Bank of Iraq is planning to ease restrictions on the sale of Dollars
October 3rd, 2012 - 09:14 GMT

Iraq eases Dollar restrictions to boost Dinar

The Middle East is seeing rise in the number of people being employed
October 3rd, 2012 - 08:09 GMT

Green shoots of recovery for Middle East recruitment?

Yemen planes a multi-million dollar upgrade of transport infrastructure
October 3rd, 2012 - 07:23 GMT

Yemen plans Aden port upgrade plan

600 million new jobs need to be created by 2020, according to the World Bank
October 3rd, 2012 - 06:26 GMT

Job creation is the only path to economic and political stability, according to World Bank

Lebanon's trade unions have called a general strike over delays in public sector pay increases
October 3rd, 2012 - 05:47 GMT

Lebanon: Unions set to strike as public sector increase debacle runs on

Stock market woes in Egypt as fears grow over the currency and military action in Syria
October 2nd, 2012 - 01:30 GMT

Egypt's stock market crashes as fears over the currency and military action in Syria worry investors

Plans are afoot for big urbanisation projects in Bahrain
October 2nd, 2012 - 12:00 GMT

Bahrain plans to urbanise

Kuwaiti real estate market gives mixed messages
October 2nd, 2012 - 11:52 GMT

Kuwaiti real estate market gives mixed messages

Exports from Turkey increased in September
October 2nd, 2012 - 10:15 GMT

Turkish exports exports rose in August

Sudan has enough foreign exchange supplies for five months, contradicting IMF statements
October 2nd, 2012 - 10:08 GMT

Sudan contradicts IMF

A bidding war is underway for BNP Paribas' lucrative Egyptian retail arm
October 2nd, 2012 - 10:06 GMT

UAE and Morocco enter bidding war for BNP Paribas' Egyptian retail arm

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