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Gold price
May 6th, 2026 - 11:13 GMT
Al Bawaba Staff

Al Bawaba Staff

Gold price jumps to over $152 in Dubai

ALBAWABA - Dubai gold prices increased by over Dh11 ($3) on Wednesday morning, local media outlets confirmed on Wednesday. The 24-karat variety was priced at Dh560 (152.50) a gram at 9.17 a.m., compared with Dh548.50 ($149.40) on Tuesday. The 22-karat variety increased to Dh518.75 ($141.30); it was Dh508 ($138.40) on Tuesday. Jewellery buyers in the country now will pay extra Dh11.50 ($3.13) per gram for 24K gold and Dh10.75 ($2.92) ...
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IMF confirmed that reforms have started to yield positive results.
May 16th, 2019 - 11:11 GMT

IMF Suggests Raising VAT in Saudi Arabia, UAE

The system is aimed at protecting the country’s banking and financial system
May 16th, 2019 - 10:57 GMT

UAE Develops New System to Protect the Financial Sector

Egypt introduced a Value Added Tax (VAT) regime in 2016, replacing a 10 percent Sales Tax.
May 16th, 2019 - 09:56 GMT

Advertisers on Social Media to Pay 18 Percent Tax in Egypt

The agreement would help 3.7 million Yemeni children to complete their studies within their country.
May 16th, 2019 - 09:34 GMT

Saudi Arabia, UAE to Support Yemeni Teachers With $70 Million

Trump’s order did not mention specific countries or companies by name but it was clear that it took aim at Huawei
May 16th, 2019 - 09:10 GMT

Huawei Hits Back After US Blacklisting Decision

The banking sector hopes to contribute to the country’s prosperity.
May 16th, 2019 - 08:55 GMT

Cash Position 'Stable' in Lebanon Despite Its Economic Ordeal

The number of unemployed stood at 2.267 million out of a total workforce of 27.968 million
May 16th, 2019 - 08:25 GMT

Egypt's Unemployment Rate Falls to 8.1 Percent in Q1 2019

Healthy levels of growth in the construction sector have a direct impact on demand for the latest tools, hardware, materials and machinery across the region
May 16th, 2019 - 08:02 GMT

GCC Construction Sector to Secure Over $138.5 Billion Contracts This Year

Jordan should also take decisive action to reduce business costs and boost employment
May 16th, 2019 - 07:58 GMT

IMF: Donor Support Remains Essential for Jordan Despite Preserved Economic Stability

The total value of non-oil trade between the UAE and Saudi Arabia amounted to $29.4 billion in 2018
May 16th, 2019 - 07:50 GMT

UAE, Saudi Arabia Ink Deal to Facilitate Trade

Some 3.14 million international tourists visited Dubai in January and February this year compared to 3.05 million in the same period last year
May 16th, 2019 - 07:42 GMT

UAE: Preferred Destination for European Tourists

Chinese economic growth held steady in the latest quarter at 6.4 per cent over a year earlier.
May 16th, 2019 - 07:29 GMT

Chinese Economy Suffers Due to US-China Trade War

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