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Money Matters

Money Matters latest

Gold jumps 2% to two-week high as weak U.S. data fuels Fed rate cut bets
November 10th, 2025 - 10:45 GMT
Albawaba Business

Albawaba Business

Gold jumps 2% to two-week high as weak U.S. data fuels Fed rate cut bets

ALBAWABA- Gold prices surged 2% on Monday to their highest level in two weeks, driven by mounting expectations of a Federal Reserve rate cut next month and renewed safe-haven demand amid global economic and geopolitical uncertainty. A softer U.S. dollar further bolstered bullion’s appeal. According to Reuters , spot gold climbed 2% to $4,078.45 per ounce by 09:56 GMT—its strongest level since October 27—while U.S. gold futures for December delivery ...
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Economic activity
September 5th, 2024 - 06:31 GMT

US economic activity goes down in more districts

Blackstone to acquire Australian AirTrunk for $16B in race for AI
September 4th, 2024 - 09:26 GMT

Blackstone to acquire Australian AirTrunk for $16B in race for AI

Two sanctioned Russian tycoons own shares in UK oil company Harbour Energy
September 4th, 2024 - 07:21 GMT
Reema Tuqan

Sanctioned Russian tycoons buy shares in UK oil company Harbour Energy

Gautam Adani, the Indian billionaire, develops $476M powerline project
September 4th, 2024 - 06:29 GMT
Reema Tuqan

Indian billionaire Gautam Adani develops $476M powerline project

Judicial source: former Bank of Lebanon chief seized more than $110m
September 3rd, 2024 - 08:42 GMT

Judicial source: former Bank of Lebanon chief seized more than $110m

Fintech
September 3rd, 2024 - 06:09 GMT

MENA fintech funding reach $186m in first half of 2024

inflation
September 2nd, 2024 - 01:42 GMT

Federal preferred annual inflation indicator remains unchanged at 2.6%

Canada
September 2nd, 2024 - 12:12 GMT

Canada's real GDP rise by 0.5% in 2nd quarter of 2024

Luxury Mediterranean property for sale in Egypt
September 2nd, 2024 - 09:26 GMT

Egypt's Naguib Sawiris to sell luxurious property for $12.5M

World's most expensive coin collection sold for $72.5 million in an auction after 100-year ban
September 2nd, 2024 - 06:16 GMT
Reema Tuqan

After 100-year ban: World's most expensive coins sold for $72.5M

Israel’s largest workers union: “Tomorrow, entire Israeli economy go on complete strike”
September 1st, 2024 - 09:13 GMT

Israel’s largest workers union: “Tomorrow, entire Israeli economy go on complete strike”

Richard Saghian, the fashion billionaire, invests $300 million outside fashion sector
September 1st, 2024 - 08:03 GMT
Reema Tuqan

Richard Saghian, the fashion billionaire, invests $300 million outside fashion sector

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