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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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Last month, BAE Systems inked a £5.8B deal to sell Eurofighter Typhoon combat jets to Kuwait. (File photo)
November 9th, 2015 - 03:00 GMT

UK defense firms court GCC customers, but low oil bites

Al Bawaba
November 9th, 2015 - 02:30 GMT

Pass financial compliance bills or risk international blacklist: Lebanon's SIC

Al Bawaba
November 9th, 2015 - 02:00 GMT

Jordan to tackle unemployment and training with $56M EU grant

Al Bawaba
November 9th, 2015 - 01:00 GMT

Qatar's kafala law reforms 'merely cosmetic': Anti-Slavery International

Rakan from Zain Bahrain during the session
November 9th, 2015 - 12:11 GMT

Zain Bahrain participates in the second edition of the startup Bootcamp

A preliminary investigation blamed strong winds and inappropriate position of the crane for the tragedy. (AFP/File)
November 9th, 2015 - 12:00 GMT

Mecca crane collapse investigation nears completion

During the inauguration
November 9th, 2015 - 11:30 GMT

Drake & Scull International PJSC inaugurates new headquarter based in the International Media Production Zone

During the interactive workshop
November 9th, 2015 - 11:25 GMT

Dubai Chamber facilitates public and private sector debate on industrial sector strategy

All-New Elantra
November 9th, 2015 - 11:00 GMT

Hyundai debuts All-New Elantra and brand new Creta at Dubai International Motor Show 2015

Al Bawaba
November 9th, 2015 - 11:00 GMT

Egypt's stock market slides in the wake of Russian plane crash

Dubai Electricity and Water Authority
November 9th, 2015 - 10:47 GMT

DEWA honours three people for their creative ideas in the Mohammed bin Rashid Smart Majlis

Omar Al-Futtaim Khalifa Al Zaffin
November 9th, 2015 - 10:38 GMT

Al-Futtaim signs lease agreement with Dubai South for additional 10,000sqm plot of land

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