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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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Last month, Kuwait announced new healthcare costs for expats working in the country. (AFP/ File)
September 5th, 2017 - 11:16 GMT

Kuwait Launches 'Excess Foreigner' Tax for Companies With More Than 50 Percent Expats

The healthcare firm has plans to expand across the Gulf after establishing a base of hospitals in the UAE. (Pixabay)
September 5th, 2017 - 11:03 GMT

UAE’s NMC Health Becomes First Middle Eastern Firm to List on UK’s FTSE 100

Virgin Group Founder Sir Richard Branson lifts a Virgin America staff member on April 22, 2013. (Virgin America/ Getty Images)
September 5th, 2017 - 10:44 GMT

Virgin Mobile Officially Launches in UAE

Kuwait's investments in the US include stocks, bonds, real estate and technology. (Shutterstock)
September 4th, 2017 - 02:31 GMT

Kuwait Has More Than $300 Billion of Investments in US: Report

Skype has announced that it will be retiring the service in certain versions of Windows. (Shutterstock)
September 4th, 2017 - 02:19 GMT

No Skype for Windows Users in UAE, Starting Tonight

Saudi Arabia has nearly doubled its purchases of US corn this year. (Shutterstock)
September 4th, 2017 - 02:12 GMT

Saudi Arabia Doubles US Corn Imports in 2017: Report

The move is expected to encourage exports to countries such as Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan. (File photo)
September 4th, 2017 - 02:01 GMT

Iran Lifts Tariffs on Food Exports to Eurasian Countries

The new VAT will be effective from January 1, 2018. (File photo)
September 4th, 2017 - 01:56 GMT

Saudi Arabia Issues Final VAT Implementing Regulations: Details

Luxury car makers have been hit hard by the regional economic slowdown, but signs of a recovery are emerging. (Shutterstock)
September 4th, 2017 - 01:35 GMT

Gulf's Luxury Car Market Sees Signs of Recovery in 2017: Experts

With this key investment, Propertyfinder joins the Turkish property portal's board of directors. (File photo)
September 4th, 2017 - 12:48 GMT

Dubai's Propertyfinder Buys 17 Percent Stake in Turkish Real Estate Portal

The price of the digital currency bitcoin rose above the $4,680 level for the first time in its nine-year history on Thursday. (Shutterstock)
August 31st, 2017 - 01:48 GMT

Bitcoin Hits All-Time High, Close to $4,700

The data gathered keeps track of the daily total number of pilgrims, classified by their nationalities, time and place of arrival and vehicle types. (SPA)
August 31st, 2017 - 12:46 GMT

Saudi Arabia Uses 400 Statisticians, High-Tech System to Track Hajj Data

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