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Gold extends rally as weak jobs data fuels hopes for fed rate cut
August 5th, 2025 - 07:33 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Gold extends rally as weak jobs data fuels hopes for fed rate cut

ALBAWABA- Gold prices climbed for the fourth consecutive session on Monday, buoyed by a weakening U.S. dollar and falling Treasury yields, after disappointing U.S. jobs data increased expectations of an interest rate cut by the Federal Reserve in September. Spot gold rose by 0.1% to $3,375.89 per ounce, while U.S. gold futures also edged up 0.1% to $3,430.40. The yield on the benchmark 10-year U.S. Treasury note dropped to its ...
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According to the 2019 half-year indices, 103 jobseekers were hired on average daily.
August 27th, 2019 - 09:43 GMT

National Campaign Creates Over 11,000 Job Opportunities in Bahrain

The first area, digital skills development and job creation, is set to receive the majority of the funding, $150 million.
August 22nd, 2019 - 09:30 GMT

World Bank Proposes $200 Million Investment Project to Boost Job Creation, IT Sector in Jordan

Government has allocated EGP6 billion to a new programme for the stimulation of exports
August 19th, 2019 - 02:30 GMT

Egypt to Spend $663 Million on New Industrial Complexes

The loss of jobs to technology will no doubt tear the heart out of HR temporarily
August 18th, 2019 - 06:30 GMT

What Is the Role of Hr As AI Affects Employment?

Growth in private payroll has slowed in recent months after seeing monthly gains of 200,000 or more during the past 12 months.
August 1st, 2019 - 12:00 GMT

Over 150,000 Jobs Added in July in US

The decision will increase the economic value of the entertainment sector by 9 percent and the consumer spending to more than $37.5 billion annually.
July 18th, 2019 - 07:11 GMT

Saudi Arabia Allows Businesses to Open Around the Clock

It was found that the expatriate in question had contravened the regulations which forbid non-Saudis occupying such posts.
July 8th, 2019 - 08:30 GMT

30 Saudis Rehired After They Were Wrongly Dismissed by an Expat

The lender announced the job losses on Sunday as part of a restructuring plan that will ultimately cost $8.31 billion.
July 8th, 2019 - 08:29 GMT

Deutsche Bank Starts 18,000 Global Job Cuts by Eliminating Teams in Asia-Pacific

The impact of heat stress on labor productivity is a serious consequence of climate change.
July 4th, 2019 - 12:30 GMT

UN: Climate Change to Affect 80 Million Jobs by 2030

The Saudis represented about 24.4 percent of the job holders.
June 23rd, 2019 - 12:30 GMT

Expats Still Control Over 75 Percent of Jobs in Saudi Arabia Despite Saudization Efforts

The diversification of the renewable energy supply chain is changing the sector’s geographic footprint.
June 16th, 2019 - 07:45 GMT

Number of People Working in Renewable Energy Increased to 11 Million in 2018

Le Maire confirmed that if the deal went ahead, France’s stake in Renault would go down to 7.5% from 15% at present.
May 28th, 2019 - 11:00 GMT

Fiat/Renault Deal Arouses France Keenness on Protecting French Jobs

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