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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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The minister said Qatar had been witnessing “a number of developments” in its transport and infrastructure sectors and they would contribute significantly to the country’s growth in the next decade.
December 1st, 2013 - 03:55 GMT

Qatar's new aiport br 'soft' opening in January

Qatar's tourism experienced 7 percent growth in the third quarter of 2013 (Shutterstock)
November 28th, 2013 - 11:40 GMT

Qatar tourism appeal on the rise, Q3 results show visitors cannot get enough of the Gulf peninsula

Etihad's Abu Dhabi-Melbourne route is one of the airline's most popular routes (File Archive)
November 28th, 2013 - 11:19 GMT

Destination: Australia! UAE carrier expands flights to Melbourne

Many of the main services, such as Gaza's water filtration and sewage system, are in dire need of funding to continue operations in the upcoming months (Marco Longari/AFP)
November 28th, 2013 - 10:06 GMT

Qatar pledges $150 million to Palestinians to ease PA's economic woes

Middle East enterprises without cloud infrastructures may be at a disadvantage globally (Shutterstock)
November 28th, 2013 - 09:33 GMT

ICT "cloud" forecast: how will Middle Enterprises be affected by transformations in big data and storage?

 Sultan Bin Saeed Al Mansouri will represent the UAE at the WTO December meeting (Courtesy of Arabian Business)
November 28th, 2013 - 08:10 GMT

UAE to attend December WTO meeting

Some $50 billion will be poured into the Iranian economy annually if the 'unjustified' international sanctions against the country are lifted
November 28th, 2013 - 03:55 GMT

The Iranian government puts a price tag on lifted sanctions

Business leaders and senior executives from across various industry segments expressed their confidence in Expo 2020 transforming the economic land scape of UAE while bringing about far reaching economic prosperity.
November 27th, 2013 - 08:46 GMT

Is the Expo 2020 win about to change Dubai forever?

His Highness Shaikh Mohammad Bin Rashid Al Maktoum announced the housing initiative in the northern emirates Tuesday (Courtesy of Gulf News)
November 27th, 2013 - 12:17 GMT

UAE $1.4 billion housing initiative to benefit 10,000 citizens

EU Ambassador to Jordan Joanna Wronecka announced the additional funding for Jordan from the EU late Tuesday (Courtesy of EU EuroMed)
November 27th, 2013 - 12:02 GMT

EU approves an additional $244.4 million package for Jordan

Izmir is one of the strong contenders for the bid, but faces stiff competition from Dubai, Sao Paolo and Ekaterinburg.
November 27th, 2013 - 10:53 GMT

Could Izmir just walk away with the Expo 2020?

Ooredoo will use the proceeds from the sukuk's sale for the firm's refinancing (Courtesy of Arabian Business)
November 27th, 2013 - 09:46 GMT

Qatar's Ooredoo launches first sukuk

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