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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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Sajwani’s net worth has in turn increased significantly over the last six months from $3.7bn to $4.3bn. (File photo)
December 28th, 2017 - 01:02 GMT

Interview With Hussain Sajwani, the Man Behind Damac

Banks’ assets in Qatar rose by QR14 billion in November, a 10.9 percent jump from a year ago. (Shutterstock)
December 28th, 2017 - 11:00 GMT

Qatar Banks’ Assets Grow by 10.9 Percent in 2017, Despite Blockade

Public transportation in the UAE under the Executive Regulations Article 45 are exempt. (File photo)
December 28th, 2017 - 10:00 GMT

No VAT on Dubai Metro, Taxis in UAE

Qatar facilitated faster customs procedures in 2017, which in turn helped diversify the sources of direct imports to the country. (File photo)
December 28th, 2017 - 09:00 GMT

Qatar Finds New Suppliers of Strategic Goods in 2017: Official

The skills in highest demand in 2018, which are likely to see an increase salary wise, are VAT expertise and digital. (File photo)
December 28th, 2017 - 08:00 GMT

Will Your Pay Hike Beat VAT in UAE?

Turkish Economy Minister Nihat Zeybekci said the country is expected to exceed its revised export target of $156.5 billion by the end of 2017. (AFP)
December 27th, 2017 - 11:06 GMT

Turkey’s Exports to Exceed Targets in 2017: Official

The initial public offering (IPO) period of Al Rajhi REIT Fund will run from January 1 to January 14. (File photo)
December 27th, 2017 - 10:51 GMT

Al Rajhi Unveils Details for Al Rajhi REIT IPO, Including Price and Date

Car prices changes in Egypt this year ranged from +7% up to +129% for some models. (Pixabay)
December 27th, 2017 - 10:32 GMT

Egypt: Car Sales Down 50 Percent as Prices Hit Record High in 2017

Demand for electricity in the Middle East region grew substantially between 2000 and 2016, at an average growth rate of 5.6% a year, driven by growth in GCC countries. (Pixabay)
December 27th, 2017 - 10:18 GMT

Middle East's Electricity Consumption to Double by 2040, Driven by Growth in GCC

Inflation in Saudi Arabia is expected to pick up dramatically in 2018, with the implementation of VAT and new fuel prices. (Hassan Ammar/ AFP)
December 26th, 2017 - 12:22 GMT

VAT Is Coming: Saudis Brace For Rising Inflation In 2018

Beirut is filled with sparkly Christmas decorations, but to the dismay of many Lebanese merchants the streets are largely empty of holiday shoppers. (alexander_photography97/ Instagram)
December 26th, 2017 - 12:01 GMT

'People Aren’t Coming to Lebanon': Retailers Blame Political Situation for Drop in Sales

Oman has announced it will postpone the implementation of the value-added tax (VAT) until 2019. Kuwait could follow suit, experts say. (File photo)
December 26th, 2017 - 11:22 GMT

Oman to Postpone VAT Until 2019, Kuwait Could Follow

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