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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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The World Bank is to fund development projects in Yemen to the tune of $ 206 million
February 17th, 2013 - 11:30 GMT

World Bank to fund development projects in Yemen

Al Bawaba
February 17th, 2013 - 11:28 GMT

Toshiba launches its latest business companion, the Satellite P840t

The Kuwait Foreign Petroleum Exploration Company (Kufpec) has chosen the banks to finance a loan $750 million loan agreement, according to reports
February 17th, 2013 - 11:22 GMT

Kuwaiti oil firm chooses banks for loans

Al Bawaba
February 17th, 2013 - 11:18 GMT

KSA tops global education spending with SR 204 billion budget for 2013

Inflation in Saudi Arabia is creeping up, new statistics show
February 17th, 2013 - 11:09 GMT

Inflation in Saudi Arabia creeping up

Facebook revealed it was the target of a sophisticated malware attack, but insisted users data remained secure
February 17th, 2013 - 10:51 GMT

Facebook and FBI team-up to hunt down hackers

G20 officials will disregard key parts of a currency statement issued this week by the Group of Seven power
February 17th, 2013 - 10:46 GMT

G20 will not push for controls on "currency wars"

The Egyptian Youtube ban may not be possible, according to the country's telecoms authority
February 17th, 2013 - 10:35 GMT

No Youtube ban for Egypt - Telecoms authority

More and more Jordanians now believe that Jordanian medicines are as good as foreign ones
February 17th, 2013 - 10:32 GMT

Jordan's pharmaceutical exports looking healthy

Al Bawaba
February 17th, 2013 - 10:23 GMT

Life gets faster with turbocharged broadband services from Nawras and even faster with the launch of 4G

Lebanon’s 2013 budget
February 17th, 2013 - 10:11 GMT

Lebanon's budget plans in disarray

Al Bawaba
February 17th, 2013 - 09:56 GMT

Al Ansari Exchange launches Pakistan promotion

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