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Middle East Gold News is an EIN News Service for gold industry professionals. Constantly updated news and information about Middle East Gold.
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Latest Middle East Gold News

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  • UK Jewelry Sales Dip 9% Due to the Recession and Soaring Gold Prices 15 Dec 2009 08:11 GMT
    ... The leading UK cashback shopping website, www.froggybank.co.uk, offers an ... they are more likely to sell existing gold items to make some spare cash. According ... for themselves. By: Rachel Lieberman, Israel Diamond Industry Portal ...

  • NY Dealers Club Meets with Istanbul Gold Exchange Pres. 15 Dec 2009 08:54 GMT
    ... The New York Diamond Dealers Club’s executive leadership in ... Aloghu, executive vice president of the Istanbul Gold Exchange, to discuss improving diamond, jewelry and ... thank the Club for updating the Turkish industry on how to improve trade between the ...

  • Dollar steady, stocks waver before Fed meeting 15 Dec 2009 09:26 GMT
    ... Dollar steady, stocks waver before Fed meeting Investors look ... market is now just waiting for more trading clues. The Fed meeting and its statement ... U.S. inventory levels indicated sluggish fuel demand. Gold prices retreated to $1,123.60 an ounce, from ...

  • Region to Benefit From Surge in Commodity Prices 15 Dec 2009 05:54 GMT
    ... Recovering commodity prices in the international markets are ... financial crisis. The prices of tea, coffee, gold, and base metals -- which are the leading ... dominate in 2010 may offset the gains. Gold prices shot past the $1200 per ounce mark ...

  • Lexus reveals stunning showcase of technological innovation at the 10th Dubai International Motor Show 15 Dec 2009 10:30 GMT
    ... Speaking at the press conference held on day ... vehicles. The new generation RX350 featuring many industry firsts such as the Remote Touch control ... history as it is gradually turned into gold during the five day show. This is ...

  • One million face 12 days of misery as BA strike looms 15 Dec 2009 09:46 GMT
    ... I always fly ABBA (Anyone but British Airways). You ... BA, but I have knowledge of the industry. Don't blame the worker in this fight, ... coming from someone who has held a gold BA card in the past! Luckily, I ...

  • The Year in Review - 2009 Investment Highlights 15 Dec 2009 05:53 GMT
    ... The past year has been a rollercoaster ride for ... Company Limited to resuscitate a cocoa processing industry at Ede. The year also saw Nasarawa ... investing in Nigeria's mining sector, especially in gold. Dana Steel Limited, the core investor in ...

  • Speculative Interests Giving Way to Fundamentals as Crude Oil Extends its Record Breakout Plunge 15 Dec 2009 00:21 GMT
    ... Bearish progress has eased up for the oil ... is growing more prominent with each active trading day. US crude futures traded on the ... now at the bottom of that range. Gold Edges Higher as the Dollar Eases Back ...

  • Indonesia Market factors to watch - Dec 15 15 Dec 2009 03:06 GMT
    ... JAKARTA, Dec 15 (Reuters) - Following is a ... US TSY YLD 3.5537 -- 0.004 SPOT GOLD $1,126.1 -0.01 -0.100 US CRUDE $69.51 0.00 ... - For an outlook of Asian stock trading, click on - The South Korean won ...

  • Exal Wins International Can of the Year Award - Sweeps Aluminum Bottle Category 15 Dec 2009 05:53 GMT
    ... YOUNGSTOWN, Ohio, Dec. 14 /PRNewswire/ -- Exal Corporation ... leading trade publication for the metal container industry. The awards recognize and celebrate innovative, groundbreaking ... Water. The bottle, which also took the Gold Award in the Beverage Bottle category, was ...

  • Handicrafts in the Middle Euphrates Region The Basis of Many Modern Industries. 15 Dec 2009 00:34 GMT
    ... Handicrafts appeared in the Middle Euphrates region in ... the region started to import iron, copper, gold and other metals from Turkey, Arabian Gulf ... the region. Bronze was also used in industry on a wider scale than iron in ...

  • The Under-Told Story of Akosombo ' The Gbedemah Factor 15 Dec 2009 05:50 GMT
    ... By Kwame Okoampa-Ahoofe, Jr., Ph.D. Perhaps Sir Robert Jackson’s ... discovering what mineral wealth, in addition to gold, lay concealed beneath the forests and mountain ... of contrast, the extent to which American industry is made up of thousands of small ...

  • The Taxman Cometh 15 Dec 2009 09:15 GMT
    ... Let me tell you how it will be, There’s one ... levy on a medical procedure. As the Arabian proverb goes, “When the nose of the ... that his readers look into a small gold explorer. In the short time since then, those ...

  • Invest In Gold Today - Five Great Reasons to Buy Gold Bullion Bars 14 Dec 2009 05:51 GMT
    ... uncertain times, the answer's easy - buy gold bullion bars. Investing in gold is one of ... variety of ways such as mining shares, gold futures, exchange-traded funds and various other derivative forms. ...

  • Gold climbs as dollar languishes 14 Dec 2009 17:35 GMT
    ... LONDON (Reuters) - Gold prices rose 0.7 percent in Europe on ... late in New York on Friday. U.S. gold futures for February delivery on the COMEX division ... in 2010, as it was in 2009," bullion dealer GoldCore said in a note. ...

  • Gold climbs 0.7 percent as dollar languishes 14 Dec 2009 17:40 GMT
    ... LONDON (Reuters) - Gold prices rose 0.7 percent in Europe on ... late in New York on Friday. U.S. gold futures for February delivery on the COMEX division ... in 2010, as it was in 2009," bullion dealer GoldCore said in a note. ...

  • Gold rises as Dubai bailout weighs on dollar 14 Dec 2009 13:52 GMT
    ... eye last Fed policy meeting of 2009 Gold rises as Dubai bailout weighs on dollar ... late in New York on Friday. US gold futures for February delivery on the COMEX division ... 2010, as it was in 2009," said bullion dealer GoldCore in a note. - Reuters ...

  • Gold off 4-week lows as Dubai sharpens risk appetite 14 Dec 2009 17:56 GMT
    ... LONDON - Gold prices rose 0.5 per cent in Europe ... late in New York on Friday. US gold futures for February delivery on the COMEX division ... 2010, as it was in 2009," said bullion dealer GoldCore in a note. ...

  • Investors hedge gold against weaker dollar 14 Dec 2009 05:32 GMT
    ... Index of European companies lost 0.6%, and gold fell for a third consecutive day. “On the ... Monday. As traders prefer to use the bullion as a hedge against dollar depreciation, holding ... barrel. A weaker dollar also props up gold prices, and indeed, on Wednesday, gold popped 1.2%. ...

  • UAE Set for Rebound 
in 2010: Merrill Lynch 14 Dec 2009 20:15 GMT
    ... DUBAI - The UAE economy is set to rebound ... with the same growth pace set by Saudi Arabia and Kuwait, said Bill O’Neill, the ... further in 2010 against Euro and Sterling, gold prices will stay at $1,100 per ounce ...

  • KFH-Bahrain, gold sponsor of AAOIFI - World Bank Annual Conference on Islamic Banking and Finance 14 Dec 2009 13:10 GMT
    ... to request more information from Kuwait Finance House (KFH) ... of Kuwait Finance House (Kuwait) -- an industry leader for more than 30 years -- ... Monday, December 14 - 2009 at 16:43 UAE local time (GMT+4) Replication or redistribution in ...

  • Global Stocks Rise as Default Swaps, Dollar Drop Following Dubai Bailout 14 Dec 2009 19:25 GMT
    ... 3.3 percent on Nov. 26, the first trading day after Dubai’s announcement. , which had ... Lead, nickel and tin advanced in London. Gold futures for February delivery rose 0.3 percent ... currencies, fell as much as 0.4 percent. Bullion futures dropped 4.2 percent last week as ...

  • Global 360 Welcomes AnlonITS to Worldwide Partner Program 14 Dec 2009 11:50 GMT
    ... Global 360 Welcomes AnlonITS to Worldwide Partner Program Partner ... Partner Program. Through this partnership, AnlonITS, a Gold Certified Microsoft Partner, will enable Global 360 ... Global 360's vast experience in the financial industry, and our understanding of the region's BPM ...

  • Global 360 Welcomes AnlonITS to Worldwide Partner Program (BIZ) 14 Dec 2009 11:53 GMT
    ... AnlonITS provides business process management solutions for various ... Financial Services and many more. As a Gold Certified Microsoft Partner, AnlonITS has significant expertise ... Global 360's vast experience in the financial industry, and our understanding of the region's BPM ...

  • TSX moves higher as investors digest $10 billion bailout by Abu Dhabi 14 Dec 2009 16:07 GMT
    ... Stock market moved higher in Monday morning trading after Abu Dhabi said it would provide ... rose 11 cents to US$69.98 a barrel. Gold stocks were up 0.9 per cent as the February bullion contract on the Nymex dropped $2.40 to ...


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