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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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Qatari Fuel Continues to Flow Into Gaza Only Power Plant. (Shutterstock)
October 11th, 2018 - 05:21 GMT

Qatari Fuel Continues to Flow Into Gaza Only Power Plant

The amount of cannabis resin seized during the first eight months of 2018 has decreased by 34.75% compared to the same period of 2017. (Shutterstock)
October 11th, 2018 - 05:08 GMT

Algeria Seizes Over 25 Tonnes of Cannabis Resin in 2018 so Far

Output across Dubai’s non-oil private sector increased during September. Although the rate of growth eased since August, it remained sharp overall and above the long-run average. Activity increased to the greatest extent in the wholesale & retail sector. (Shutterstock)
October 10th, 2018 - 06:45 GMT

Dubai’s Non-Oil Private Sector Growth Slowing Down

The turbine unit contract is Boston-based GE’s biggest in the Middle East and North Africa and Turkey so far this year. (Shutterstock)
October 10th, 2018 - 06:39 GMT

GE to Power Egypt's First Nuclear Plant

Privatization in Iran witnessed 100 percent growth during the first five months of this year (March 21-August 22) compared to the same period of time in the previous year. (Shutterstock)
October 10th, 2018 - 06:33 GMT

Iran Divests Over $123 Million Worth of State-Run Shares

"Tunisia records today 2.4 million online payments for a volume of about 166 million dinars. A figure in evolution but it is insufficient.” (Shutterstock)
October 10th, 2018 - 06:23 GMT

Tunisia Considering Digital Banking to Boost Economy

Siemens Gamesa will establish a transformer substation to move the energy produced from the first wind farm in Ras Ghareb, with a capacity of 220 kV to transfer 180 MW, and another station of 500 kV to transfer 650 MW. (Shutterstock)
October 10th, 2018 - 06:16 GMT

Egypt to Harness Wind Power With €2 Billion Investments

 60 percent of the world's population is within eight hours of flying from the country. Foreign investors can benefit from this strategic location by accessing 400 million consumers in the neighbouring countries. (Shutterstock)
October 10th, 2018 - 06:09 GMT

Qatar Sets 2019 for Free Zones Launch

"The currency devaluation has had an effect on the startup scene - there is a funding gap that must be addressed, as well as an issue with recruiting or retaining experienced talent." (Shutterstock)
October 10th, 2018 - 06:00 GMT

Egypt's Startup Potential Is Hurdled by Currency Devaluation

The IMF said the Iranian economy was now expected to contract over the next two years "on account of reduced oil production, before returning to modest positive growth in 2020–23". (Shutterstock)
October 10th, 2018 - 05:40 GMT

IMF Forecasts Iran's Economy to Shrink by 3.6 Percent in 2019 Due to US Sanctions

Qatari banking sector ranks third among Arab banking sectors in terms of asset size, accounting for about 11 percent of the total assets of the Arab banking sector, and 10 percent of its deposits. (Shutterstock)
October 10th, 2018 - 05:34 GMT

Qatar's $382.5 Billion Banking Sector Stable Despite Siege

The government is currently taking several steps towards resolving Kuwait’s demographic imbalance and restructuring the local labor market. (Shutterstock)
October 10th, 2018 - 05:26 GMT

Kuwait Will Only Allow Expats With "Good" GPA to Join the Private Sector

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