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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 decision came after the UAE confirmed it would tackle tax avoidance strategies with tougher reforms. (Shutterstock)
January 24th, 2018 - 12:23 GMT

EU Removes UAE From Tax Haven Blacklist, Keeps Bahrain

Russian investors have approached Saudi Aramco with a proposal to take a stake as the oil giant gears up for an initial public offering (IPO) later this year. (AFP/ File)
January 24th, 2018 - 12:04 GMT

All Eyes on Aramco: Russian Investors Eye Aramco Share Ahead of IPO

With just 1,000 days to go, the Expo 2020 will bring a multitude of opportunities for businesses in the construction, real estate, hospitality and tourism sectors. (Courtesy of BH Engineering)
January 24th, 2018 - 09:15 GMT

Dubai: Countdown Begins For Expo 2020!

Saudi Arabia’s Ministry of Finance said it has sold domestic sukuk for $1.56 billion in its fifth monthly offer of Islamic bonds. (File photo)
January 24th, 2018 - 08:56 GMT

Saudi Finance Ministry Sells Domestic Sukuk for $1.56 Billion

Total household assets in the UAE jumped by 10 percent last year and by over 60 percent over the past decade, according to a new report. (Shutterstock)
January 24th, 2018 - 08:37 GMT

Private Wealth Jumps 60 Percent in 10 Years, to $925 Billion: UAE

Freshmen at the University of Jeddah will be able to skip their preparatory year. Details here. (Shutterstock)
January 23rd, 2018 - 06:00 GMT

Lower Fees for Parents: Students Can Skip Preparatory Year at This Saudi University

Following in the footsteps of South Korea and China, the European Union (EU) is considering stricter rules on virtual currency platforms. (Shutterstock)
January 23rd, 2018 - 01:00 GMT

After South Korea and China: EU Tightening Grip on Bitcoin, Cryptocurrency Platforms

Ivanka Trump is reportedly looking for a new White House Chief of Staff after some reports emerged that Donald Trump was unhappy with current chief John Kelly. (AFP/ File)
January 23rd, 2018 - 12:05 GMT

White House Jobs: Ivanka Trump Reportedly Looking for New Chief of Staff

The IMF has revised its World Economic Outlook for 2018. (AFP/ File)
January 23rd, 2018 - 10:46 GMT

Thanks to US Tax Cuts, IMF Raises Forecast for Global Growth in 2018

Klaus Schwab speaks during the opening session of the World Economic Forum (WEF) in Davos. (Fabrice Coffrini/ AFP)
January 23rd, 2018 - 10:06 GMT

‘We Need Collaborative Efforts’: WEF 2018 Kicks off With Call for Collaboration [Video]

In a series of blog posts, Facebook executives have admitted that social media can harm democracy. (AFP/ File)
January 23rd, 2018 - 09:49 GMT

In Blog Post, Facebook Vows to Fight Negative Influences and Protect Democracy

Saudi Arabia will host the first Annual Saudi IoT Conference in Riyadh from January 28-30. (File photo)
January 23rd, 2018 - 08:22 GMT

Saudi Arabia to Host First-Ever IoT Conference This Month

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