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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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Al Bawaba
January 31st, 2016 - 06:12 GMT

Dubai invites bids for $27B green energy fund

EQUATE President & CEO Mohammad Husain
January 27th, 2016 - 09:54 GMT

EQUATE wins regional award from Meridium

During the event
January 27th, 2016 - 09:16 GMT

ENOC partners with Emirates Environmental Group to promote environmental education

Al Bawaba
January 27th, 2016 - 05:06 GMT

UAE Water Aid initiative reflects UAE’s efforts to find solutions to community water challenges

Al Bawaba
January 26th, 2016 - 02:30 GMT

Is OPEC finally ready to cut production?

Experts predict the global gut to worse due to increased production in North America, Saudi Arabia and Russia. (Shutterstock)
January 26th, 2016 - 05:52 GMT

Good while it lasted, but oil slides down again

Saudi Aramco's announcement of a possible IPO could trigger other state-owned energy companies in the Gulf to do the same. (Twitter)
January 25th, 2016 - 01:00 GMT

Saudi Aramco sell-off: Chairman confirms IPO will exclude reserves

Al Bawaba
January 25th, 2016 - 12:00 GMT

Leviathan gas deal down to the wire ahead of BG-Shell merger vote

During the event
January 25th, 2016 - 10:00 GMT

Dubai Supreme Council of Energy and DEWA organise Solar Decathlon Middle East with AED 10 M in prizes

Nuclear Power Asia 2016 in Jakarta
January 25th, 2016 - 07:51 GMT

ROSATOM presented its technologies and products at Nuclear Power Asia 2016 in Jakarta

Al Bawaba
January 24th, 2016 - 01:30 GMT

Running on empty: why electric car sales are slow in MENA

Dubai Electricity and Water Authority
January 24th, 2016 - 01:06 GMT

Dubai achieves world record for lowest water loss rate of 8.26%

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