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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 ...

British shoppers tightened their spending over Christmas, leading to the first year-on-year fall in spending since 2012. (Shutterstock)

January 11th, 2018 - 06:00 GMT

British Shoppers' Spending at Lowest Level Since 2012: Survey

The Egyptian Parliament this week approved the country’s first-ever bankruptcy law. (AFP)

January 11th, 2018 - 09:34 GMT

Egyptian Parliament Approves Country's First Bankruptcy Law

The new Taif project includes a technology oasis, new airport, residential suburb, industrial city, and university campus. (Shutterstock)

January 11th, 2018 - 09:15 GMT

Saudi Arabia Starts Work on Major Solar Energy Plant for New Taif Project

The UAE has released a simplified explainer, or guide, on exemptions and taxable items in the health and education sectors. More here. (Shutterstock)

January 11th, 2018 - 08:17 GMT

Know Your Rights: UAE Issues Guide on VAT in Health, Education Sectors

In the Arab region, the concept of CVC is still at a nascent stage, however, the wave of high-growth technology startups represents an untapped avenue for investors. (Shutterstock)

January 10th, 2018 - 06:00 GMT

Opinion: Forget About Traditional VC Funding, CVC Is What MENA Needs

After a strong performance last year, it's unclear whether the global sukuk market can stage a repeat performance in 2018, according to a report by S&P Market Intelligence. (Shutterstock)

January 10th, 2018 - 02:00 GMT

Report: Can Global Sukuk Market Stage a Repeat Performance in 2018?

The UAE's economy is geared to grow at an accelerated pace in 2018. (Pixabay)

January 10th, 2018 - 12:55 GMT

UAE’s Economy to Grow 3.6 Percent in 2018, up From 1.7 Percent Last Year

Analysts are expecting oil prices to continue rising this year which could mean higher fuel prices for consumers. (Pexels)

January 10th, 2018 - 11:56 GMT

Brent Crude Hits $69 per Barrel, Its Highest Since 2015

The number of tourists increased 55 percent in the first 11 months of 2017, the head of Egypt’s Tourism Promotion Authority Hisham al-Demery said. (AFP)

January 10th, 2018 - 11:00 GMT

Egypt Sees 55 Percent More Tourists in 2017, Despite Flight Ban

Saudi Arabia on Tuesday approved a 20 percent bonus for three years for those working in the veterinary field. (Pixabay)

January 10th, 2018 - 09:54 GMT

20 Percent Bonus for Veterinary Workers in 2018: Saudi Arabia

People working in IT and sales are more optimistic than their peers in other industries about their salary prospects this year, according to a new report. (Shutterstock)

January 10th, 2018 - 09:35 GMT

Employees in IT, Sales Most Optimistic About Salary Raises in 2018: Report

Foreign investors will be allowed to own up to 49 percent of shares on the Saudi stock market, according to a document published by the local regulator. (AFP)

January 10th, 2018 - 08:40 GMT

Ahead of Aramco IPO: Foreigners Allowed to Own up to 49 Percent of Saudi Stocks