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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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Russian Central Bank is expanding its gold reserves amid growing geopolitical tensions. (File photo)
November 12th, 2017 - 07:00 GMT

Russia Buying Gold at ‘Record Pace’, World Gold Council Says

The Chairman of the Qatar Society of Engineers (QSE), Eng. Ahmad Jassim al Jolo, has expressed optimism that the private sector will lead Qatar to self-sufficiency. (Gulf Times)
November 12th, 2017 - 06:00 GMT

Private Sector Will Lead Qatar to Self-Sufficiency: QSE Chief

A fire engulfs the Address Downtown Dubai, a luxury hotel in Dubai on December 31, 2015. (Ahmed Jadallah/ Reuters)
November 12th, 2017 - 05:00 GMT

Insurance Hikes for Dubai High-Rise Buildings After Fires

Some 361 projects are currently underway across the Gulf region, buoyed by steadily increasing oil prices. (AFP/ File)
November 12th, 2017 - 01:24 GMT

361 Oil and Gas Projects Currently Underway in GCC, at $331 Billion

Emirates signed a deal to buy 40 Boeing 787s, valued at Dh55.4 billion ($15.1 billion) at the Dubai Airshow. (Courtesy of Emirates)
November 12th, 2017 - 12:25 GMT

Dubai Airshow Kicks off With Emirates' $15.1 Billion Boeing Deal

The ILO said it launched a three-year roadmap and action plan with Qatar as Qatar decided to cancel the controversial sponsorship (Kafala) system. (AFP/ File)
November 9th, 2017 - 06:00 GMT

ILO Withdraws Labor Rights Complaint Against Qatar

The pledge includes $1 million donation to the budget of UN Relief and Works Agency for Palestine Refugees. (AFP/ File)
November 9th, 2017 - 12:40 GMT

UAE Pledges $2.6 Million for UN Development Activities in 2018

The group reported a 2017-18 half-year net profit of Dh2.3 billion, up 77 percent from last year. (Mark Ralston/ AFP)
November 9th, 2017 - 11:37 GMT

Emirates Group Announces Half-Year Performance for 2017-18

Dubai aims to welcome 20 million visitors by the year 2020, when it will host Expo 2020. (Rabih Moghrabi/ AFP)
November 8th, 2017 - 08:00 GMT

Dubai to Overtake London for Tourist Arrivals by 2025

Dubai index on Wednesday witnessed sharpest daily fall in 2017. (AFP/ File)
November 8th, 2017 - 07:00 GMT

Dubai Index Posts Sharpest Daily Fall in 2017

Saudi Arabia revealed the plans for Russian collaboration on Tuesday. Pictured here: Saudi Crown Prince Mohammed bin Salman. (AFP/ File)
November 8th, 2017 - 06:00 GMT

Saudi Arabia Offers Investment Opportunities to Russian Companies

The 2018 budget allocates 43 percent to healthcare, education and society development sectors. Pictured here: Sheikh Mohammed Bin Rashid Al Maktoum (AFP/ File)
November 8th, 2017 - 03:06 GMT

UAE Approves Dh201 Billion Federal Budget for 2018-2021

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