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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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Turkey's first nuclear power plant at Akkuyu will be built in Mersin by the Russia's Rosatom for $22B. (Shutterstock)
November 29th, 2015 - 08:00 GMT

Turkish-Russian relations: What will happen to mega projects, natural gas exports?

ROSATOM
November 26th, 2015 - 11:30 GMT

Rosatom and the National Council for Sustainable Development of the Kingdom of Cambodia signed a Memorandum of cooperation for the peaceful uses of atomic energy

National Sports Day
November 26th, 2015 - 06:08 GMT

DEWA organises Road Race on National Sports Day

Al Bawaba
November 25th, 2015 - 12:40 GMT

Israel, Egypt sign letter of intent for Leviathan natural gas export deal

Al Bawaba
November 25th, 2015 - 11:25 GMT

Oil up after Saudi's comments, but will OPEC change their output strategy?

Al Bawaba
November 25th, 2015 - 06:42 GMT

Will the British Gas deal in Cyprus mean a lucky break for Lebanon?

During the event
November 25th, 2015 - 06:03 GMT

HE Saeed Mohammed Al Tayer receives Abdulla Al Shaibani during DEWA’s Innovation Week activities

Al Bawaba
November 24th, 2015 - 05:22 GMT

Chinese oil company to invest $10M in Egypt

Al Bawaba
November 24th, 2015 - 06:16 GMT

Israel mulls gas exports to Egypt despite massive Zohr discovery

Though GCC governments depend heavily on oil revenue, declining oil prices are pressuring them to diversify their sources of revenue. (Al Bawaba/File)
November 24th, 2015 - 12:03 GMT

Building strain of falling oil prices may accelerate GCC reforms

Al Bawaba
November 23rd, 2015 - 11:03 GMT

OPINION: Is the market really flooded with surplus oil?

Al Bawaba
November 22nd, 2015 - 12:08 GMT

DEWA hosts 30 initiatives and activities during Innovation Week

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