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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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UAE and Swiss nationals will not require a visa for a short-stay in each other’s countries. (Karim Sahib/ AFP)
October 31st, 2017 - 01:30 GMT

UAE, Switzerland Sign Visa Exemption Deal

As of October 2017, more than 11,600 projects worth $805 billion are being built across the UAE. (Shutterstock)
October 31st, 2017 - 12:44 GMT

UAE Construction Spending up 6.3 Percent in 2017 to $805 Billion

The first 'Bulgari' branded hotel in Dubai has got itself an opening date. (Courtesy of Bulgari)
October 31st, 2017 - 12:41 GMT

First Bulgari Hotel in Dubai Confirms Opening Date

Saudi Arabia wants to nationalize jobs in Riyadh Metro by qualifying young Saudis to handle technical jobs. (Ahmed Farwan/ AFP)
October 30th, 2017 - 04:00 GMT

Saudi Arabia Trains More Than 40 Saudis for Riyadh Metro Jobs

Today more than 140 Shake Shacks globally are located in the GCC. (Shutterstock)
October 30th, 2017 - 12:17 GMT

Shake Shack Plans Saudi Expansion

The initiative is aimed at supporting women working in the private sector and increase their employment in this sector. (File photo)
October 30th, 2017 - 12:07 GMT

Saudi Arabia's MoL to Bear 80 Percent of Transportation Cost for Working Women

VAT is likely to bring notable changes in the way business is carried out by hospitality firms in the UAE. Here are some of these changes. (File photo)
October 30th, 2017 - 11:54 GMT

Opinion: How VAT in UAE Will Affect Tourism, Hospitality Sectors

Turkey and Jordan agreed in 2016 on a Roll-on/Roll-off 'Ro-Ro' route between Turkish ports and Jordan’s Aqaba port, but the deal never took off. (File photo)
October 30th, 2017 - 11:26 GMT

Turkey, Jordan Mull New Maritime Route Project

Iran's president, Hassan Rouhani. (AFP/ File)
October 30th, 2017 - 11:08 GMT

Iran Expects to Sign More Than $20 Billion of Energy Contracts in 2018

For the first time since 1986, Oman’s remittance inflows this year is projected to reach $40 million, according to a World Bank report. (File photo)
October 30th, 2017 - 10:56 GMT

For First Time Since 1986, Oman’s Remittances Reach $40 Million

The new service is aimed at helping customers save time by providing them with a fully-equipped van with internet services, laptops, and technology, with the service available 24/7. (Courtesy of Sharjah Chamber)
October 30th, 2017 - 10:44 GMT

Sharjah Chamber of Commerce Deploys 'You Call, We Arrive' Trucks for Private Sector

The agreements enforce Law No. (21) of 2015 regulating the entry and exit of expats and their freedom to change their employer. (AFP/ File)
October 29th, 2017 - 03:33 GMT

Qatar Signs 41 Worker Protection Agreements With Different Countries

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