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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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Gold prices in Dubai Today Monday 29 May 2023
May 29th, 2023 - 06:16 GMT

Gold prices in Dubai Today Monday 29 May 2023

Crypto news recap: Jordan and Qatar Embrace Blockchain
May 28th, 2023 - 05:34 GMT

Crypto news recap: Jordan and Qatar Embrace Blockchain

Louis Vuitton opens 1st airport lounge in Qatar
May 28th, 2023 - 01:44 GMT

Louis Vuitton opens 1st airport lounge in Qatar

UAE’s RAK free zone sees 122% growth in Q1-2023
May 28th, 2023 - 01:28 GMT

UAE’s RAK free zone sees 122% growth in Q1-2023

UAE, Paraguay sign agritech, training MoU
May 28th, 2023 - 01:02 GMT

UAE, Paraguay sign agritech, training MoU

EU relieved by declining gas prices
May 28th, 2023 - 12:34 GMT

EU relieved by declining gas prices

US jobs report forecast to show slowing inflation
May 28th, 2023 - 12:07 GMT

US jobs report forecast to show slowing inflation

US outraged by China ban on American memory chips
May 28th, 2023 - 10:21 GMT

US outraged by China ban on American memory chips

US debt ceiling deal to pay bills by June 4
May 28th, 2023 - 09:35 GMT

US debt ceiling deal to avert default by June 4

JPMorgan to lay off approximately 500 employees primarily in technology and operations
May 28th, 2023 - 09:08 GMT

JPMorgan to lay off approximately 500 employees primarily in technology and operations

Electronic passport system failures cause long delays at UK Airports
May 28th, 2023 - 08:47 GMT

Electronic passport system failures cause long delays at UK Airports

President Biden announces new law requiring US airlines to compensate passengers for flight delays or cancellations
May 28th, 2023 - 08:30 GMT

US airlines must compensate passengers for flight delays or cancellations

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