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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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Egypt plans to encourage the private sector to invest in clean energy technologies and make industrial facilities more energy-efficient. (Al Bawaba/File)
December 6th, 2015 - 05:01 GMT

Egypt to clean up industry with $2.3M deal for better energy-efficiency

Putin has accused Turkey of downing the Russia plane to protect their oil trade with Daesh. (AFP/File)
December 6th, 2015 - 09:59 GMT

Turkey to seek alternative energy suppliers as spat with Russia continues

Al Bawaba
December 6th, 2015 - 05:00 GMT

Keep on pumpin': OPEC meeting ends with no change in output quotas

Al Bawaba
December 3rd, 2015 - 05:56 GMT

Gaseous clashes: EMG claims no knowledge of Dolphinus-Israel deal

Al Bawaba
December 3rd, 2015 - 04:39 GMT

Kurdish oil payments confirmed by Norwegian DNO

Al Bawaba
December 3rd, 2015 - 10:22 GMT

Grand plans for Riyadh as projects gather momentum

Al Bawaba
December 3rd, 2015 - 09:31 GMT

Not clean or green, but GCC looks to nuclear energy to meet rising demands

Al Bawaba
December 3rd, 2015 - 08:57 GMT

Qatar to supply Turkey with LNG under new deal

Al Bawaba
December 3rd, 2015 - 06:14 GMT

Saudi's Prince Al Waleed bin Talal joins Bill Gates’ new energy coalition

Al Bawaba
December 2nd, 2015 - 11:41 GMT

From waste to power: Palestinian invents affordable biogas technology meant for any home

Al Bawaba
December 2nd, 2015 - 10:00 GMT

Saudi Aramco goes local to cut costs

Al Bawaba
December 2nd, 2015 - 08:00 GMT

Brighten up: Egypt gets a $500M EBRD boost for solar energy

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