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BUSINESS

BUSINESS 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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Mobily invests over 3.4 billion SAR in data centers and submarine cables
February 11th, 2025 - 04:38 GMT

Mobily invests over 3.4 billion SAR in data centers and submarine cables

KIB Group achieved profit of KD 23.1 million for the year 2024
February 10th, 2025 - 11:56 GMT

KIB Group achieved profit of KD 23.1 million for the year 2024

Dubai unveils new eco-friendly rail-bus vehicle
February 10th, 2025 - 10:24 GMT
Reema Tuqan

Dubai unveils new eco-friendly rail-bus vehicle

Moscow Expands Tourism Opportunities for Kuwaiti Visitors
February 10th, 2025 - 09:43 GMT

Moscow Expands Tourism Opportunities for Kuwaiti Visitors

Emirates Islamic wins four prestigious awards at the World Finance Islamic Finance Awards 2024
February 10th, 2025 - 09:02 GMT

Emirates Islamic wins four prestigious awards at the World Finance Islamic Finance Awards 2024

Huawei Cloud Enables Saudi Arabia's Path to AI Leadership at LEAP 2025
February 10th, 2025 - 08:58 GMT

Huawei Cloud Enables Saudi Arabia's Path to AI Leadership at LEAP 2025

Mobily Signs Cooperation Agreement with Vodafone Business IoT to Provide Advanced IoT Connectivity Services
February 10th, 2025 - 08:52 GMT

Mobily Signs Cooperation Agreement with Vodafone Business IoT to Provide Advanced IoT Connectivity Services

UPSHOT Wins International Audience Award at Clermont-Ferrand Film Festival
February 10th, 2025 - 08:44 GMT

UPSHOT Wins International Audience Award at Clermont-Ferrand Film Festival

Aster DM Healthcare Takes a Leap into Saudi Arabia with AI-Powered myAster at #LEAP2025
February 10th, 2025 - 08:30 GMT

Aster DM Healthcare Takes a Leap into Saudi Arabia with AI-Powered myAster at #LEAP2025

NBB Unveils Thara’a Prize Account for 2025 Offering Over $5 Million in Rewards
February 10th, 2025 - 08:12 GMT

NBB Unveils Thara’a Prize Account for 2025 Offering Over $5 Million in Rewards

Gold prices spike amid recent Trump tariffs
February 10th, 2025 - 06:25 GMT
Reema Tuqan

Gold prices spike amid recent Trump tariffs

Bank ABC announces its financial results for the year ended 31 December 2024
February 10th, 2025 - 05:33 GMT

Bank ABC announces its financial results for the year ended 31 December 2024

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