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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
February 23rd, 2015 - 07:12 GMT

'Diversifying': Egypt to auction 8 oil and gas exploration deals

During the event
February 22nd, 2015 - 11:58 GMT

DEWA honours its distinguished and creative employees

During the visit
February 22nd, 2015 - 06:13 GMT

DEWA delegation meets major Malaysian companies and investors in Kuala Lumpur to promote WETEX 2015

Aramco has been seeking to make inroads into more advanced chemicals to diversify away from its oil and basic petrochemicals businesses.
February 19th, 2015 - 11:07 GMT

What's going on? World's largest oil exporter Aramco seeking $10 billion loan

Al Bawaba
February 19th, 2015 - 09:52 GMT

Oil: thriving in adversity?

Al Bawaba
February 19th, 2015 - 07:39 GMT

Away from Israel? Egypt, Jordan discuss energy cooperation

Al Bawaba
February 19th, 2015 - 01:05 GMT

Jinxed much? Oil prices fall sharply again after US crude inventories rise

The M-Station
February 19th, 2015 - 11:59 GMT

DEWA awards M-Station power production and desalination plant expansion project to Siemens

Al Bawaba
February 19th, 2015 - 10:59 GMT

ADNOC Distribution announces temporary closure of three service stations in Emirate of Abu Dhabi

Group photo of EQUATE management with government officials
February 19th, 2015 - 09:50 GMT

EQUATE recognizes government bodies for their national role

The security problems caused by Daesh (IS) and others are creating a major challenge for the new investments in the Middle East.
February 19th, 2015 - 09:48 GMT

From a supply glut to a shortage? Middle East militancy and the new oil challenge

Al Bawaba
February 19th, 2015 - 04:55 GMT

No more 20-hour cuts? Qatar, Pakistan seal 15-year gas supply deal

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