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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 programme will help private sector in Jordan grow… We need to make sure all Jordanians across the country feel the benefit of the programme and we have to make it succeed,” said the top US diplomat in Jordan.
November 18th, 2013 - 02:51 GMT

USAID on a mission to enhance Jordan's competitivity

H.E. Dr. Tawfig Alrabiah, Minister of Commerce and Industry shakes hands with Omar Farid, who has been appointed as the President for Middle East and Africa for PepsiCo, (Image credit: Saudi US Trade Group)
November 18th, 2013 - 06:54 GMT

PepsiCo announces new President for Middle East and Africa

Etihad airlines continues its global buying spree. (Image credit: Shutterstock)
November 18th, 2013 - 06:21 GMT

Survival of the fittest? Etihad acquires 33% of Swiss airline Darwin

Roughly 70.8 percent of job seekers are aged 15 - 29 years, compared to 74 percent in the previous quarter.
November 18th, 2013 - 03:55 GMT

Number of jobless Egyptians goes up, mostly women and youth

Al Bawaba
November 18th, 2013 - 03:55 GMT

More like 'Made in China'? Saudi Arabia, China reach agreement on 'Made in Makkah' Project

CBO finds it timely to repeat its advice that members of the public should, in their own interests, be cautious and not to deal with strangers and unauthorised entities/persons.
November 18th, 2013 - 03:55 GMT

'Inventive' fraud on the rise in Oman

Across the Middle East, the report found that in excess of 117 major programmes are planned for completion by 2030 costing more than US$1 trillion.
November 17th, 2013 - 05:52 GMT

Take a wild guess: how much is the GCC expected to spend on construction by 2030?

rise in the number of university graduates.
November 17th, 2013 - 05:34 GMT

Is there such a thing as 'excess talent'? Apparently there will be by 2021..

High Twitter use in KSA has been credited to the high and widespread access to high-speed internet and smart mobile phone devices (Shutterstock)
November 17th, 2013 - 10:01 GMT

Tweeting off the charts: Saudi ranks first in world for "Twitter penetration"

As part of its effort to expand the company internationally, Damas is introducing a sophisticated customer relationship management system (Archive photo)
November 17th, 2013 - 09:35 GMT

Middle East's Damas aims to spread its jewel treasures internationally

30 international private banks from Europe or North America have offices in Dubai (Shutterstock)
November 17th, 2013 - 09:22 GMT

Private banking thriving in GCC, Dubai tops region

The Dubai Airshow has taken off. (Image credit: Shutterstock)
November 17th, 2013 - 09:19 GMT

Deals galore at Dubai Airshow

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