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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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Al Muqla
September 2nd, 2010 - 11:45 GMT

Advertising Expenditure in GCC on Pace to Reach $10bn Milestone in 2010

Jordan king
September 2nd, 2010 - 10:54 GMT

Jordan cuts budget deficit

Palestine
September 1st, 2010 - 10:56 GMT

UN report: Palestinian economy performs "well below potential"

Al Bawaba
September 1st, 2010 - 08:50 GMT

Middle East Air Traffic Sees De-congestion

Alcoa
September 1st, 2010 - 07:53 GMT

Ma'aden-Alcoa joint awards contract to Wagstaff

Phil Gandier
August 31st, 2010 - 09:37 GMT

MENA M&A deal values drop 15% in H1 2010 to US$18.5 billion compared to H1 2009

Qatar Foundation
August 31st, 2010 - 06:07 GMT

Qatar Foundation Signs Strategic Partnership Agreement with Microsoft

DED
August 30th, 2010 - 09:26 GMT

DED issues 4,101 licences in second quarter of 2010

Harley-Davidson
August 30th, 2010 - 08:58 GMT

Harley-Davidson sets up shop in Lebanon

M&A deals
August 29th, 2010 - 07:25 GMT

August 2010: M&A deals amount to US$ 941 million

Memorial Health Group
August 29th, 2010 - 06:29 GMT

Qatar First Investment Bank acquires a stake in a Leading Turkish based healthcare provider

Imports
August 26th, 2010 - 01:21 GMT

Iran: Third largest importer in the Middle East

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