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Gold price
March 23rd, 2026 - 08:16 GMT
Sally Shakkour

Sally Shakkour

Gold falls to its lowest price since December 2025

ALBAWABA - The gold price dropped below $4,200 on Monday for the first time since December 2025. The price of gold reached $4,120 per ounce as of 0720GMT, marking a decrease of 7.8 percent compared with Friday. According to the Anadulo Agency, last week, the price of gold saw the biggest weekly drop since 1983, dropping by over 10 percent. Nonetheless, the price of silver also fell by 8.3 percent ...
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The new Jeddah Downtown. (Courtesy of The Saudi Gazette)
February 13th, 2018 - 11:48 GMT

Top 10 Development Projects in Saudi Arabia, Based on Value

Good news: Jordan improved four ranks in the environmental sustainability dimension for 2017. (Shutterstock)
February 12th, 2018 - 12:27 GMT

Jordan Drops 12 Positions on World Energy Council Index

The report, by Arabian Travel Market (ATM), found that religious tourism in the kingdom is still driving demand. (AFP)
February 12th, 2018 - 11:41 GMT

Saudi Hospitality Market to Grow 13 Percent in Five Years: Report

In 2016, Oman raised the tax on tobacco by 100%, along with other GCC states. (Shutterstock)
February 12th, 2018 - 10:28 GMT

Oman to Double Tax on Tobacco, for Health Reasons

The majority of UAE residents (62 percent) expect the introduction of VAT to be a challenge for the country, according to a survey by YouGov. (Shutterstock)
February 12th, 2018 - 10:22 GMT

UAE Residents Expect a Cost-of-Living Pay Raise in 2018: Survey

12 years ago, Hezbollah and Israel were left gutted by a summer war that was costly for both sides. Another crisis could be looming. (Mahmoud Zayyat/ AFP)
February 11th, 2018 - 08:00 GMT

5 Reasons Why Israel Is Ready for War With Hezbollah (Oil Is One of Them)

Calling Bitcoin the 'biggest bubble in human history', economist Nouriel Roubini predicts that the virtual currency will crash to zero value. (Shutterstock)
February 11th, 2018 - 05:00 GMT

Will Bitcoin Crash to Zero? Yes, Says Dr. Doom

The lifting of U.S. sanctions, hailed by many, has simply proved to be the starting point for utter disaster in the Sudanese economy. (AFP)
February 11th, 2018 - 04:00 GMT

Opinion: Sudan’s Economy on Verge of Collapse as US Lifts Sanctions

In a poll, Gulf News asked 2,548 people if they would be able to produce Dh1,000 ($272) right away for an emergency. The results are shocking. (Pixabay)
February 11th, 2018 - 01:13 GMT

Half of UAE Residents Don’t Have Dh1,000 of Savings: Survey

In April last year, Dubai’s ruler Sheikh Mohammed bin Rashid Al-Maktoum decreed that disabled people would be known as ‘people of determination’. (Credit: Antonie Robertson)
February 11th, 2018 - 12:26 GMT

Dubai Gives ‘People of Determination’ Special Business Privileges

Saudi Arabia's King Salman has given the water sector a boost with $46.6 million to spend each year on mobile desalination plants. (File photo)
February 11th, 2018 - 12:11 GMT

Saudi King Orders $46.6 Million to Be Spent Annually on Desalinated Water

The revenues from oil and gas exploration will dramatically change the face of Lebanon, according to estimates. (Shutterstock)
February 8th, 2018 - 12:40 GMT

Lebanon: Offshore Gas Project to Generate $200 Billion in Revenues

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