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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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The deals were struck across the energy and transportation sectors despite the boycott of the event by several company chiefs following the death of journalist Jamal Khashoggi at the Saudi embassy in Turkey earlier this month. (AN)
October 24th, 2018 - 05:32 GMT

Saudi's FII Lands $50 Billion Worth of Deals, Despite Boycott Over Khashoggi Case

The president pointed to the recent fluctuations in the currency market, saying revenues from exports and the inflow of foreign exchange would be of great help to stabilize the foreign currency market. (Shutterstock)
October 23rd, 2018 - 06:33 GMT

Rouhani Puts All His Trust in Exporters to Counter US Sanctions

The identity of those involved was identified and after searching the vehicle 28,000 narcotic pills were found hidden in the vehicle. (Jordan News Agency)
October 23rd, 2018 - 06:28 GMT

Jordan Foils Drug Smuggling Attempt, Arrests 25 Drug Dealers

Islamic finance has the potential to onboard over a billion new customers through the use of technology, helping attain sustainable and long-term growth. (Shutterstock)
October 23rd, 2018 - 06:23 GMT

Islamic Finance Centre at Bahrain Fintech Bay to Attract 1 Billion Customers

Over 10 million Overseas Filipino Workers are planning to go back to the Philippines upon retirement. (File/AFP)
October 23rd, 2018 - 06:17 GMT

Social Security for Overseas Filipinos to Increase to 15 Percent

Kuwaiti MP Mohammad Al-Dallal on Sunday called for the need to check the growing numbers of certain expatriate communities, especially the Egyptian and the Filipino communities. (Shutterstock)
October 23rd, 2018 - 06:12 GMT

‘100% Kuwaiti’ Is New Mandate for Public Sector

For now, at least, Nassib’s reopening is good news for Syrian tradesmen forced into costlier, lengthier maritime shipping since 2015. (Shutterstock)
October 23rd, 2018 - 06:08 GMT

With New Border Opening, Damascus Is Willing to Trade

A royal decree has been issued to approve the regulation of the “Integrated Logistics Bonded Zone (ILBZ)”. (Shutterstock)
October 23rd, 2018 - 05:58 GMT

Riyadh to House Saudi's First Special Economic Zone

"During his terms, Turkey has seen unprecedented economic growth, constitutional reform, and a re-emergence as a major global power." (Shutterstock)
October 23rd, 2018 - 05:54 GMT

Erdogan Named World's Top Influential Muslim in 2019 List

Experts are debating whether oil producers, like Saudi Arabia, will be able to fully replace volumes resulting from anticipated Iranian disruptions. (Shutterstock)
October 23rd, 2018 - 05:44 GMT

After a Slump, Oil Rises Above $80 Ahead of US Sanctions on Iran

“As far as arms exports are concerned, those can’t take place in the current conditions,” Merkel said. (Shutterstock)
October 23rd, 2018 - 05:39 GMT

Germany Halts Arms Exports to Saudi Arabia Citing Doubts on Khashoggi Death Report

Mnuchin confirmed that he would not attend a Saudi investment conference on Tuesday. (Shutterstock)
October 23rd, 2018 - 05:33 GMT

US Will Not Consider Sanctions on Saudi Before End of Khashoggi Death Investigations

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