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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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ROSATOM
March 16th, 2016 - 09:57 GMT

First Meeting of the Joint Saudi-Russian Coordination Committee

The company will carry out preliminary studies in order to understand Egypt’s monetary policy.  (File photo)
March 15th, 2016 - 12:30 GMT

Graviton launches $500M fund to explore Egypt's green energy sector

During the event
March 15th, 2016 - 10:26 GMT

DEWA organises programme for the elderly to support innovation, creativity and education

Westinghouse
March 15th, 2016 - 10:16 GMT

China's debut Westinghouse reactor delayed until June 2017

During the event
March 15th, 2016 - 10:00 GMT

Omanoil ‘Majalis Al Ata’ program set to hone capabilities of charitable organizations across the sultanate

During the event
March 15th, 2016 - 05:13 GMT

MD & CEO of DEWA inaugurates 2nd RetrofitTech Conference

Israel Natural Gas Lines is investing in resources to allow the export of gas to Jordan from both Tamar and Leviathan fields.  (Shutterstock)
March 15th, 2016 - 05:11 GMT

Jordan to receive natural gas from Israeli pipeline by 2017

Rosatom
March 14th, 2016 - 10:24 GMT

Rosatom subsidiaries supplied the first Mo-100 isotope batch to Korea for a joint international project

The minister said he expects Iran’s crude oil exports to hit 2 million bpd this month. (Iran Daily)
March 14th, 2016 - 05:11 GMT

Iran will consider oil production freeze after four million barrels

From the meeting
March 13th, 2016 - 11:29 GMT

MD & CEO receives South Korean Consul General in Dubai

The Mafraq project is expected to be completed in August 2017. (File photo)
March 13th, 2016 - 11:20 GMT

Saudi firm acquires majority stake in Jordanian power plant company

During the event
March 10th, 2016 - 09:51 GMT

Russia will build the first Nuclear Research and Technology Center in Bolivia

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