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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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ISLAMIC DEVELOPMENT BANK AND KSRELIEF JOIN FORCES TO SUPPORT REFUGEES WORLDWIDE
May 2nd, 2024 - 11:32 GMT

ISLAMIC DEVELOPMENT BANK AND KSRELIEF JOIN FORCES TO SUPPORT REFUGEES WORLDWIDE

Agility Subsidiary, Agility Global, Begins Trading on Abu Dhabi Securities Exchange
May 2nd, 2024 - 11:27 GMT

Agility Subsidiary, Agility Global, Begins Trading on Abu Dhabi Securities Exchange

MBRF highlights wide array of knowledge programs at Abu Dhabi International Book Fair
May 2nd, 2024 - 11:19 GMT

MBRF highlights wide array of knowledge programs at Abu Dhabi International Book Fair

Emirates NBD organises community awareness event focusing on safe banking practices for labourers
May 2nd, 2024 - 11:17 GMT

Emirates NBD organises community awareness event focusing on safe banking practices for labourers

Saudi banks
May 2nd, 2024 - 09:09 GMT

Saudi banks’ funding profile changes on rising mortgage demand

PureHealth
May 2nd, 2024 - 08:57 GMT

PureHealth ears triple digit net profit growth to AED491 million in Q1

AI platforms
May 2nd, 2024 - 08:35 GMT

Around 76% of companies are re-evaluating AI platforms

Saudi Arabia
May 2nd, 2024 - 08:18 GMT

Saudi Arabia and China discuss collaboration in urban development

green economy
May 2nd, 2024 - 08:10 GMT

EU pledges €7.4bn to back Egypt’s green economy plans

Middle East
May 2nd, 2024 - 07:48 GMT

Oil prices fall amid Middle East hopes for cease-fire

Bitcoin
May 2nd, 2024 - 07:45 GMT

Bitcoin drops below $57,000 after 2 months

Rixos Hotels Egypt will Participate in the Arabian Travel Market, Unveiling Egypt's Latest Tourism Projects to the Global Stage
May 2nd, 2024 - 07:05 GMT

Rixos Hotels Egypt will Participate in the Arabian Travel Market, Unveiling Egypt's Latest Tourism Projects to the Global Stage

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