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BUSINESS

BUSINESS latest

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 Bawaba
February 19th, 2013 - 04:49 GMT

Kaspersky Lab highlights ‘Evolving Threat Landscape’ at IDC CIO Summit 2013

National Sport Day
February 19th, 2013 - 04:38 GMT

Friendship Cup brings Cricketing Carnival to National Sport Day

The European Union has agreed to continue sanctions on Syria as the arms embargo looks set to be partially lifted
February 19th, 2013 - 03:00 GMT

EU renews sanctions on Syria

Emirates Airline
February 18th, 2013 - 12:12 GMT

Emirates announces second destination in the Philippines

The Egypt Independent, a weekly newspaper, has announced its closure, in a blow to media plurality
February 18th, 2013 - 12:11 GMT

Fresh blow to media plurality as Egypt Independent announces closure

Despite protests and downgrades,  Bahrain looks set to be a key region hub for finance
February 18th, 2013 - 12:06 GMT

Despite protests and downgrades Bahrain to remain key financial hub

The IMF deal may not be enough to save the Egyptian economy, a leading economist said yesterday
February 18th, 2013 - 11:46 GMT

IMF deal not enough to save Egyptian economy

Etihad should revise its deal with  India's Jet Airways, the UAE's airline boss said yesterday
February 18th, 2013 - 11:33 GMT

Etihad should revise Jet Airways deal

Ratings agency Standard and Poor's   believes Abu Dhabi’s GDP will be around 4.5 per cent in 2013
February 18th, 2013 - 11:24 GMT

Abu Dhabi GDP to remain strong in 2013 - S&P

Etihad Cargo
February 18th, 2013 - 11:13 GMT

Etihad Cargo posts record January tonnage as demand grows

Lebanon's long-running debacle over public sector pay rises is facing yet more delays
February 18th, 2013 - 10:56 GMT

Public sector wage debate in Lebanon faces delays

Al Bawaba
February 18th, 2013 - 10:35 GMT

MoF and Zakat Fund cooperate to collect donations through E-Dirham

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