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Oil and Renewables

Oil and Renewables latest

Gold jumps 2% to two-week high as weak U.S. data fuels Fed rate cut bets
November 10th, 2025 - 10:45 GMT
Albawaba Business

Albawaba Business

Gold jumps 2% to two-week high as weak U.S. data fuels Fed rate cut bets

ALBAWABA- Gold prices surged 2% on Monday to their highest level in two weeks, driven by mounting expectations of a Federal Reserve rate cut next month and renewed safe-haven demand amid global economic and geopolitical uncertainty. A softer U.S. dollar further bolstered bullion’s appeal. According to Reuters , spot gold climbed 2% to $4,078.45 per ounce by 09:56 GMT—its strongest level since October 27—while U.S. gold futures for December delivery ...
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During the event
July 27th, 2016 - 08:58 GMT

DEWA receives ISO 27037:2012 certificate for digital information security

The Solar Impulse 2 touched down in Abu Dhabi Tuesday morning, completing the first round-the-world trip of a zero-fuel plane. (Wikimedia Commons)
July 26th, 2016 - 09:00 GMT

Solar plane completes historic round-the-world journey in Abu Dhabi

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
July 20th, 2016 - 04:19 GMT

DEWA wins 3 Golden Globe Tigers Awards in Sustainability Leadership

Iran has courted potential European and Asian trading partners as sanctions pressures ease. (File photo)
July 19th, 2016 - 10:00 GMT

Despite business hurdles, Iran lines up potential oil and gas players

ADNOC Distribution
July 19th, 2016 - 09:11 GMT

ADNOC Distribution to operate vehicle inspection centres on Fridays and Saturdays

Ras Laffan Industrial City, located 80 km north of Doha is Qatar's main site for production of liquefied natural gas and gas-to-liquid.  (IMGwide.com)
July 19th, 2016 - 07:00 GMT

Qatar awards gas engineering consultancy to Canada's SNC-Lavalin

ROSATOM
July 19th, 2016 - 05:23 GMT

ROSATOM is among top 10 world's innovative companies in the nuclear power industry

HE Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy and MD & CEO of Dubai Electricity and Water Authority
July 19th, 2016 - 05:17 GMT

Massive turnout in Dubai for first SDME

More than six years have passed since the ratification of the Offshore Petroleum Resources Law. (Shutterstock)
July 19th, 2016 - 05:00 GMT

Back to spats over Lebanon's oil and gas exploration

APICORP Headquarters in Dammam, Saudi Arabia. (Trade Arabia)
July 18th, 2016 - 10:00 GMT

Apicorp, Al Bahari set up $1.5B oil investment fund

RWE operates in concession areas at the Red Sea’s Gabal El-Zeit, Ras Gharib, Ras Badran in Abordes in South Sinai, and Desouk in Kafr El-Sheikh. (File photo)
July 18th, 2016 - 07:00 GMT

Egypt: $400M oil ministry debt behind unpaid salaries at Germany's RWE

Cost competitiveness has improved in recent decades, allowing nuclear technology to become a serious component of energy diversification strategies. (File photo)
July 18th, 2016 - 06:00 GMT

Fiscal constraints hamper nuclear energy projects in MENA: Apicorp

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