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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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SoftBank founder loses $2.6 billion in just two days
August 3rd, 2024 - 09:20 GMT
Reema Tuqan

SoftBank founder loses $2.6 billion in just two days

UAE: Central Bank issues Dh5.8 million fine to a local bank following inspections
August 2nd, 2024 - 03:23 GMT
Reema Tuqan

UAE: Central Bank issues Dh5.8 million fine to a local bank following inspections

Trump's net wealth drops by $900 million after Kamala Harris joined the white house race
August 2nd, 2024 - 07:07 GMT
Reema Tuqan

Trump's net wealth drops by $900 million after Kamala Harris joined the white house race

Saudi oil revenues hit 18% peak in the second quarter of 2024
August 1st, 2024 - 05:36 GMT
Reema Tuqan

Saudi oil revenues hit 18% peak in the second quarter of 2024

Britain's King Charles III
July 31st, 2024 - 09:27 GMT

Lavish lobster dinner for King Charles III costs $514K, raises concerns over presidential spending

UAE: Petrol and gold prices peak for August 2024
July 31st, 2024 - 07:13 GMT
Reema Tuqan

UAE: Petrol and gold prices peak for August 2024

Israeli shekel might decrease further amid escalations in Lebanon
July 31st, 2024 - 07:02 GMT
Reema Tuqan

Israeli shekel might decrease further amid escalations

Meta to pay $1.4B in Texas over unlawful Biometrics use
July 30th, 2024 - 08:36 GMT

Meta to pay $1.4B in Texas over unlawful Biometrics use

Ethiopia
July 30th, 2024 - 08:46 GMT

Ethiopia secures $3.4B deal with IMF in financing

Saudi Arabia leads in e-commerce sales in the Middle East
July 30th, 2024 - 07:42 GMT
Reema Tuqan

Saudi Arabia leads in e-commerce sales in the Middle East

Medals worth $950 at the Paris 2024 Olympics are made from pieces of the Eiffel Tower’s iron frame
July 30th, 2024 - 05:41 GMT
Reema Tuqan

Paris Olympics medals worth $950 created using Eiffel Tower’s iron frame pieces

McDonald’s struggles deepen as sales fall for 1st time since 2020
July 29th, 2024 - 08:53 GMT

McDonald's struggles deepen as sales fall for 1st time since 2020 following Boycott calls

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