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Cooked on pure gold bars: Jeweler serves $450,000 steak

January 18th, 2026 - 09:42 GMT

Sally Shakkour

Cooked on pure gold bars: Jeweler serves $450,000 steak

ALBAWABA - A bizarre and unusual video has gone viral on social media, showing a New York City jeweler cooking a steak on three gold bars. The sight astonished viewers and garnered millions of views within hours. In the video, the jeweler explained that gold is one of the fastest conductors of heat, causing it to heat up very quickly. He asserted that cooking a steak on gold takes three ...

More people in the GCC will be swapping out their old bulbs for energy efficient LEDs. (Image credit: Shutterstock)

November 12th, 2013 - 05:41 GMT

LED production in GCC to triple revenue in the next five years

Despite regional challenges, Air Arabia posted an impressive growth in revenue for the first nine months of the year. (Image credit: Shutterstock)

November 12th, 2013 - 05:28 GMT

Low cost airline pioneer's revenues take off

"No country is taking the lead, it is an Egyptian project," said the country's investment minister.

November 12th, 2013 - 04:55 GMT

Egypt to finalize tender for Suez Canal development, but this time along, Qatar stands no chance

Ali stressed that the military institution has no intention of becoming involved in the economic policy of Egypt in the future.

November 12th, 2013 - 04:55 GMT

Military spokesman: We have no control over Egypt's economy

The International Monetary Fund urged Kuwait last month to contain public spending to avoid risks from a drop in the price of crude oil which accounts for 94 percent of state revenues.

November 11th, 2013 - 11:24 GMT

Bye bye nanny state, hello Egypt/Jordan style protests? Kuwait to possibly scratch $16 billion worth of subsidies

Prince Alwaleed Bin Talal and Kingdom Holding Company invested $300 million in Twitter in 2011 (Courtesy of the Guardian)

November 11th, 2013 - 09:10 GMT

Tweeting has never been better for Saudi Prince's Twitter investments

Abu Dhabi plans to expand its mall space to 798, 966 square meters within the next four years (Courtesy of UAE Style Magazine)

November 11th, 2013 - 08:54 GMT

Abu Dhabi reels in retail scene

Bahrain's labor fund Tamkeen offers training budget subsidies to employers to pay increase subsidies for employees who have participated in Tamkeen development trainings (Courtesy of Bahrain News Agency)

November 11th, 2013 - 08:36 GMT

Bahrain launches employee training program, and is picking up part of the tab too

Lufthansa will end all of its flights to Sudan by January 19, 2014 (Courtesy of the Telegraph)

November 11th, 2013 - 08:06 GMT

German airline to end all flights to Sudan in January

Regional ministers said that Gulf residents are 'taking advantage' of government energy subsidies and opting for vehicles that have big engines and are not fuel efficient (Courtesy of Boston University)

November 11th, 2013 - 07:20 GMT

Subsidies are the culprit for 'excessive' energy consumption in GCC, say ministers

Middle Eastern investors were one of the most active buyers of hotel real estate in 2012 (Shutterstock)

November 11th, 2013 - 06:56 GMT

Investing to accomodate: hotel purchases up 50%, Middle East considered 'most active buyers'

Lack of investing options are holding back the growth of Islamic pension funds. (Image credit: Shutterstock)

November 11th, 2013 - 06:04 GMT

The pent up $190 billion opportunity in Islamic retirement funds