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Gold price

March 23rd, 2026 - 08:16 GMT

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 ...

The new King Abdulaziz International Airport (KAIA) will the busiest and best connected airport in Saudi Arabia when it opens in 2018. (Courtesy of KAIA)

January 22nd, 2018 - 02:29 GMT

Bids Launched for F&B Outlets at New King Abdulaziz Airport: Saudi Arabia

While entrepreneurs and Islamic finance startups readily advocate cryptocurrencies for what they are convinced are halal transactions, others keep thinking otherwise. (Shutterstock)

January 22nd, 2018 - 02:00 GMT

Cryptocurrencies, Haram or Halal?

Donald Trump has repeatedly claimed that the 24-year-old NAFTA deal is the "worst trade deal that the US has ever made." (Shutterstock)

January 22nd, 2018 - 01:00 GMT

‘Worst Deal Ever’: Will Donald Trump Terminate NAFTA?

Almost 90 percent of the electricity generated in 2017 was natural gas, the Jordan News Agency, Petra, reported on Sunday. (File photo)

January 22nd, 2018 - 12:15 GMT

Almost 90 Percent of Electricity Comes From Natural Gas: Jordan

Are unemployed Saudi youth simply lazy? In this article, Saudi writer Azzah Al-Sebaee tries to answer this question. (Shutterstock)

January 22nd, 2018 - 11:42 GMT

Opinion: Are Unemployed Saudis Simply Lazy?

OPEC and non-OPEC countries agreed during a meeting in Muscat to extend the agreement to cut crude oil production until end of this year. (AFP/ File)

January 22nd, 2018 - 09:49 GMT

OPEC, Non-OPEC Countries Agree to Extend Oil Output Cuts Till End of 2018

“Turkey’s economy is not an economy which will be affected by these kinds of small operations,” Turkish PM Binali Yildirim said. (AFP)

January 22nd, 2018 - 09:38 GMT

Operation Afrin in Syria Poses No Threat to Turkey’s Economy: Turkish PM

Saudi Arabia plans to build nine desalination plants for more than SR2 billion ($530 million) on the Red Sea coast, it said on Sunday. (Shutterstock)

January 22nd, 2018 - 09:15 GMT

Saudi Arabia, Largest Producer of Desalinated Water, to Build 9 More Plants

Britain’s biggest listed funeral services company, Dignity, is slashing the cost of its basic funeral by 25 percent with immediate effect, it said on Friday. Others are following suit. (Shutterstock)

January 21st, 2018 - 02:57 GMT

Has Brexit Made Funeral Services Cheaper in UK?

Bosnia has become a favored destination for Arab tourists and investors alike. In the photo: Bosnian women take cover from the rain under umbrellas in Sarajevo, on January 15, 2014. (AFP)

January 21st, 2018 - 02:21 GMT

Arabs Hold Over 40 Percent of Bosnia’s FDI: Turkish Businessman

The rapid growth of US shale producers will shortly knock Saudi Arabia from second to third place, with only Russia ahead, the International Energy Agency said. (Shutterstock)

January 21st, 2018 - 12:29 GMT

Very Soon.. US Could Overtake Saudi Arabia in Oil Production

From Bill Gates to Marc Benioff, read on for some of the most notable technologists speaking at the World Economic Forum this year. (Shutterstock)

January 21st, 2018 - 12:12 GMT

World Economic Forum 2018: Bill Gates, Dara Khosrowshahi and Jack Ma Among Top Speakers