Russia has launched a surprise offensive in Ukraine's northeastern Kharkiv region, opening a new front after concentrating forces in the east this year. The assault, initiated in May, involved thousands of Russian soldiers crossing the northern (...)
Former US President and current presidential candidate Donald Trump's campaign raised $53m within 24 hours following his recent conviction, averaging $2m per hour, the campaign announced.
"In the 24 hours since Crooked Joe Biden and his New York (...)
Hisham Ezz Al-Arab, Chairperson of the Commercial International Bank – Egypt (CIB), revealed that the bank has actively participated in financing numerous new and renewable energy projects in Egypt. The primary goal is to contribute to achieving a (...)
Egypt's gold prices decreased on Sunday at 12:00 pm compared to May 30th, according to an electronic gold price platform.
Metal Jue 2nd (EGP) May 30th (EGP) Change %
24 Carat 3,554.25 3,560.00 -0.16
21 Carat 3,110.00 3,115.00 -0.16
18 Carat (...)
Egyptian President Abdel Fattah Al-Sisi has reiterated his concern over the ongoing Israeli military operations in the Palestinian city of Rafah, emphasizing the escalating humanitarian crisis in the Gaza Strip.
According to the official (...)
As mediators in the ongoing discussions to secure a ceasefire in Gaza and the release of hostages and detainees, the United States, Egypt, and Qatar jointly call on both Hamas and Israel to finalise the agreement embodying the principles outlined by (...)
As mediators in the ongoing discussions to secure a ceasefire in Gaza and the release of hostages and detainees, the United States, Egypt, and Qatar jointly called on both Hamas and Israel to finalise the agreement embodying the principles outlined (...)
After 24 hours of applying the government's decision to hike price of subsidised bread by 300 per cent, we surprisingly see a drop in the income of more than 75 million Egyptians. This decline is the result of raising the price of subsidised bread, (...)
Marie Louis Bishara, President of the Readymade Garment Export Council, recently announced impressive growth in Egypt's ready-made garment exports. From January to April 2024, the sector's exports surged to $856m, a substantial increase compared to (...)
Asian stocks tumbled on Thursday, extending losses from the previous session, as investors awaited key inflation data from the United States for clues on the future path of global interest rates, Reuters reported.
MSCI's broadest index of (...)
Egypt's gold prices saw a minor decline on Thursday at 11:40 am compared to May 29th, according to an electronic gold price platform.
All types of gold listed in the table have seen a slight drop of 0.95 per cent in price.
Metal May 30th (EGP) May (...)
India's pharmaceutical exports are forecast to rise by nearly 11 per cent this fiscal year, reaching over $31 billion by March 31, 2025, Reuters reported on Thursday.
This growth comes despite recent concerns raised by some global countries (...)
The European Commission is poised to announce higher tariffs on Chinese electric vehicles (EVs), sparking negotiations aimed at mitigating the impact on China's booming EV industry, Reuters reported on Wednesday.
These tariffs, expected by June 5, (...)
Egypt's gold prices increased on Tuesday at 12:00 pm, compared to the day before, according to an electronic gold price platform.
While all carats increased slightly by 0.80 or 0.81 per cent, prices remained nearly steady compared to May 28th.
Metal (...)
Egyptian President Abdel Fattah Al-Sisi welcomed a delegation from the United States Congress in Cairo on Monday. The delegation, comprising members from both the Democratic and Republican parties, was led by Senator Jerry Moran, a member of the (...)
Egypt's gold prices saw minimal fluctuations on Tuesday at 11:49 am, compared to the day before, according to an electronic gold price platform.
While all carats increased slightly by 0. 65 or 0.64 per cent, prices remained nearly steady compared to (...)
Egyptian President Abdel Fattah Al-Sisi will embark on a state visit to China at the invitation of President Xi Jinping, the Egyptian Presidency announced on Monday. The visit, coinciding with the tenth anniversary of the elevation of bilateral (...)
Egypt's gold prices saw a modest decline on Monday at 11:46 am compared to May 26th, with the average price across all carats falling by 1.12 per cent, according to an electronic gold price platform.
Here's a breakdown of the price changes:
Metal (...)
China has launched a massive state-backed investment fund worth $47.5 billion to bolster its domestic semiconductor industry, according to a government filing, reported by Reuters on Monday. The move underscores China's ambition to achieve (...)
The Embassy of the United States in Cairo has announced that the renowned Harlem Globetrotters will be in Egypt from 27 May to 3 June. The US Embassy collaborates with this iconic American sports institution to promote cultural exchange and (...)
The US Embassy in Cairo hosted a celebration at the American University in Cairo to mark the 248th anniversary of American independence. The event brought together Egyptian government officials, diplomatic representatives, and business leaders.
In (...)
Tunisian President Kais Saied reshuffled his cabinet late Saturday, replacing the interior and social affairs ministers. The move follows a series of arrests of activists, lawyers, and journalists, and protests against the government.
Khaled Nouri, (...)
Egypt's gold prices saw a minor decline on Sunday at 2:58 pm, compared to May 23rd, according to an electronic gold price platform.
Metal May 26th (EGP) May 23rd (EGP) Change %
24 Carat 3,582.75 3,600.00 -0.48
21 Carat 3,135.00 3,150.00 (...)
Egypt's gold prices saw a minor decline on Thursday at 11:50 pm, compared to May 22nd, according to an electronic gold price platform.
All types of gold listed in the table have seen a slight drop of 0.79 per cent in price.
Metal May 23rd (EGP) (...)
Tesla has initiated the construction of a factory in Shanghai to produce its Megapack energy storage batteries, as reported by Chinese state media on Thursday cited by the Associated Press.
The $200 million facility, located in Shanghai's Lingang (...)