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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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Among Middle East markets, only Iran came out with a strong demand, up 12 per cent to 45.4 tonnes, according to World Gold Council data. (AFP)
February 6th, 2018 - 10:14 GMT

Gold Jewelry Demand in UAE Falls to 20-Year Low: Report

Companies will pay a fine of SR2,000 ($533) if found to be keeping a worker’s passport, residence or medical insurance card without consent. (AFP/ File)
February 5th, 2018 - 04:00 GMT

Companies to Pay Fines for Holding Workers’ Passports: Saudi Arabia

The first Ryanair route from Paphos, Cyprus to Amman will begin in March, and will sold from €19.99. (Shutterstock)
February 5th, 2018 - 12:48 GMT

Ryanair, Jordan Announce 14 New Flights from Europe in Tourism Push

Egypt is hosting its first Fintech conference titled “Seamless North Africa” on February 6-7 to revitalize the country’s digital economy. (Shutterstock)
February 5th, 2018 - 09:50 GMT

‘Seamless North Africa’: Egypt to Host First Fintech Conference on February 6-7

Riyadh has announced the launch of a massive project to provide 10,000 jobs for young Saudi men and women. (AFP/ File)
February 5th, 2018 - 08:47 GMT

Saudi Arabia: New Project in Riyadh to Provide 10,000 Jobs for Saudis

In the global ranking of ‘Top 20 mainline airlines by OTP’, Qatar Airways has secured 10th place. (File photo)
February 4th, 2018 - 06:00 GMT

Qatar Airways Most Punctual Airline in Middle East Region: Report

Saudi banks’ domestic liquid assets ended 2017 at a record high, despite subdued deposit growth and challenging business conditions. (Shutterstock)
February 4th, 2018 - 12:02 GMT

Saudi Banks’ Liquidity Improve in 2017, Despite Tough Market Conditions

A ‘hire and fire’ policy may be the best solution to boost employment in Oman, according to analysts. (Shutterstock)
February 4th, 2018 - 11:44 GMT

‘Hire and Fire’ Policy, Best Way to Boost Employment in Oman

The report has projected that UAE employees will see an average salary increase of just one percent in 2018. (Shutterstock)
February 4th, 2018 - 11:26 GMT

UAE Employees to Get Salary Raises in 2018: Report

Tunisian Omar Guiga, who designed and manufactured 'Wallyscar', was one of the winners of an innovation contest organised by the International Monetary Fund (IMF). (YouTube)
February 1st, 2018 - 06:00 GMT

Manufacturer of Tunisian Car 'Wallyscar' Exports to France, Spain and Portugal

Turkey's tourism revenue reached $26.3 billion in 2017, the country's statistical authority announced on Wednesday. (File photo)
February 1st, 2018 - 04:00 GMT

Turkey's Tourism Revenue up 18 Percent in 2017, to $26.3 Billion

Bitcoin was trading at $9,549 by 05:52AM ET (10:52AM GMT) on the Bitfinex exchange today. (Shutterstock)
February 1st, 2018 - 03:16 GMT

Bitcoin Trades Below $10,000 in Worst Decline Since 2015

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