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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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Adnoc Distribution is scheduled to list on Wednesday on Abu Dhabi Securities Exchange (ADX) following an IPO that raised Dh3.1 billion. (File photo)
December 12th, 2017 - 02:06 GMT

Nasdaq Dubai Launches Futures in Adnoc Distribution, Emaar Malls

The price of Brent crude oil has reached a new high by surpassing $65 per barrel, its highest level since mid-2015. (File photo)
December 12th, 2017 - 01:54 GMT

Oil Prices Reach Highest Levels Since 2015, at $65

The Middle East and North Africa (MENA) region saw 400 percent more IPOs in 2017 compared to the same period of 2016, according to a new report. (AFP/ File)
December 11th, 2017 - 06:00 GMT

IPOs in MENA up 400 Percent in 2017: Report

Dubai's budget for 2018 includes over Dh5 billion ($1.3 billion) dedicated to Expo 2020 projects alone. (File photo)
December 11th, 2017 - 02:53 GMT

Dubai Unveils $15.4 Billion Budget for 2018, Its Largest Ever

On Sunday, 24-karat gold in the UAE was trading at Dh151.25 per gram, the cheapest since July. (File photo)
December 10th, 2017 - 09:32 GMT

Gold Prices in UAE Lowest in 4 Months: Time to Buy?

Trading of the first U.S. bitcoin futures is set to begin at 18:00 ET on Sunday. (File photo)
December 10th, 2017 - 08:44 GMT

Bitcoin Remains Low as Investors Await Futures Launch on Sunday

Russia will provide Egypt with a $25 billion loan, equivalent to 85 percent of the construction cost of the new nuclear plant. (File photo)
December 10th, 2017 - 08:28 GMT

Egypt, Russia to Sign Dabaa Nuclear Deal This Week

"Buy our gas and you'll save oil," President Vladimir Putin told Saudi Arabia's Energy Minister Khalid al-Falih. (AFP)
December 10th, 2017 - 08:14 GMT

Russia Looks to Sell Its Gas to Saudi Arabia

Startups and SMEs represent more than 90 percent of the companies in Lebanon, according to a new study by Fransabank. (File photo)
December 6th, 2017 - 03:19 GMT

SMEs, Startups Make up 90 Percent of Lebanon’s Businesses: Report

South Sudan still owes neighboring Sudan $1.3 billion of the amount agreed upon in the 2012 oil deal. (AFP)
December 6th, 2017 - 03:11 GMT

South Sudan Owes Khartoum $1.3 Billion in Oil Debt: Official

Billionaire and businessman Prince Alwaleed bin Talal was among those who were detained in a sweeping anti-corruption purge of the Saudi elite. (AFP/ File)
December 6th, 2017 - 03:04 GMT

Most Detained in Saudi Purge Agree to Cash Settlements: Attorney General

Emirates REIT has successfully closed a $400 million five-year Sukuk with a profit rate of 5.12 percent per annum. (Emirates REIT)
December 6th, 2017 - 02:49 GMT

Emirates REIT Successfully Closes $400 Million, Five-Year Sukuk

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