Gold prices slightly declined on Wednesday as investors are cautious before the US Federal Reserve's policy decision and monitored the Israel-Iran conflict closely.
Spot gold fell 0.06 per cent to $3,386.88 per ounce by 12:51 GMT, down from a (...)
Egypt's Housing Minister Sherif El-Sherbiny met with a representative from Estadat Sports Investment Company to discuss expanding cooperation on managing recreational facilities in new urban areas, the Cabinet said in a statement on Tuesday.
The (...)
Egypt's Prime Minister Moustafa Madbouly met on Tuesday with Hyatt Hotels' regional president Javier Águila and ADD Developments chairman Basel Sami Saad to discuss expanding Hyatt's investments in the country's hospitality sector, the government (...)
Asia-Pacific markets experienced mixed trading on Tuesday, with investors closely monitoring the Israel-Iran war following a call from US President Donald Trump for all individuals to evacuate Tehran promptly.
The Nikkei 225 in Japan increased by (...)
Egypt issued nearly 23,000 work permits to foreign nationals in 2024, up 32 per cent from a year earlier, according to official data on Tuesday.
The Central Agency for Public Mobilisation and Statistics (CAPMAS) said that 22,909 foreign workers were (...)
Egypt's Minister of Labour Mohamed Gobran met with the Executive Director of the National Training Academy (NTA) Rasha Ragheb to explore cooperation and future programmes, the Cabinet announced in a statement.
The discussions focused on ongoing (...)
Egypt's Education Minister Mohamed Abdel Latif and UN Resident Coordinator Elena Panova have discussed enhancing cooperation to support Egypt's pre-university education reform and achieve Sustainable Development Goals, as per a Cabinet report.
Abdel (...)
Egyptian Drug Authority (EDA) Head Ali El-Ghamrawy has met with AstraZeneca Egypt Country President Hatem El-Werdany to discuss ways to boost collaboration in local pharmaceutical manufacturing and investment, according to a Cabinet statement.
The (...)
Egypt's Education Minister Mohamed Abdel Latif met with JICA Vice President Imoto Sachiko to discuss expanding the Egyptian-Japanese Schools project and preparing for the upcoming TICAD in Tokyo on 20-22 August.
Abdel Latif stressed the significance (...)
Gold prices increased in midday trade on Tuesday due to the escalating conflict between Israel and Iran, leading investors to turn to safe-haven assets while also anticipating the upcoming US Federal Reserve board meeting.
Spot gold grew 0.06 per (...)
Trade volume between Egypt and the Group of Seven (G7) countries reached $29.7 billion in 2024, up 14.2 per cent from $26 billion in 2023, the Central Agency for Public Mobilisation and Statistics (CAPMAS) reported.
Egyptian exports to the G7 rose (...)
Egypt's Minister of Investment and Foreign Trade Hassan El-Khatib met with Japan's Ambassador to Cairo IWAI Fumio to boost bilateral economic ties and monitor investment projects in key sectors, as per a statement from the ministry on (...)
Egypt's gold prices dropped for the second consecutive day on Tuesday at 02:55 pm (11:55 GMT) compared to Monday, June 16th, according to an electronic gold price platform.
Metal June 17 (EGP) June 16 (EGP) Change %
24 Carat 5,525.75 5,600.00 (...)
The People's Bank of China (PBC) announced on Tuesday a 7-day 197.3-billion-yuan reverse repo at an interest rate of 1.40 per cent.
Reverse repo is a tool used by central banks to manage liquidity. The PBC purchases securities from commercial banks (...)
Egypt's Prime Minister Moustafa Madbouly witnessed the signing of a $265 million strategic MoU between ADD Developments, a subsidiary of Sami Saad Holding Group, and Hyatt Hotels to boost hotel and residential investments in Egypt.
Madbouly praised (...)
Egypt's gold prices increased on Tuesday, June 15, 2025, as of 3:45 pm CLT (12:45 GMT), compared to prices recorded on Thursday, June 12, 2025, according to an electronic gold price platform.
Metal
June 15 (EGP)
June 12 (EGP)
Change %
24 (...)
The Central Bank of Egypt (CBE) approved Thursday the appointment of Development Partners International (DPI) as the new manager of the Nclude FinTech Fund, as part of a broader push to attract foreign investment and scale Egypt's financial (...)
The Egyptian Drug Authority (EDA) chairman Ali El-Ghamrawy attended a joint high-level meeting between the African Medicines Agency (AMA) and the European Medicines Agency (EMA) held in Amsterdam, Netherlands.
The meeting aimed to strengthen (...)
Asia-Pacific markets ended mixed on Tuesday as investors digested comments from former US President Donald Trump suggesting a trade agreement with China had been reached.
Japan's Nikkei 225 shed 0.65 per cent to close at 38,173.09, while the broader (...)
China confirmed the trade agreement announced by US President Donald Trump on Thursday, emphasising the importance of both parties adhering to the agreement and stating that China consistently honours its commitments.
The agreement, established (...)
Gold prices climbed to a one-week high on Thursday, supported by rising geopolitical tensions in the Middle East and uncertainty over global trade, which drove safe-haven demand.
Spot gold rose 1.0 per cent to $3,388.81 per ounce by 12:38 GMT, up (...)
Egypt's gold prices rebounded on Thursday at 01:35 pm (10:35 GMT), marking an uptick after two straight days of decline, according to data from an electronic gold price platform.
Price fluctuations across various gold carat weights reached up to (...)
Egypt's Prime Minister Moustafa Madbouly affirmed the government's commitment to securing sufficient drinking water supplies, highlighting the country's shift towards water desalination projects across coastal cities, a Cabinet statement (...)
Egypt municipalities have cleared 7.1 million tons of accumulated waste across 55 sites nationwide, as part of efforts to modernise its solid waste management system, said Local Development Minister Manal Awad, as per a Cabinet statement.
The (...)
Egypt's Universal Health Insurance Authority (UHIA) signed a cooperation protocol with the Federation of Egyptian Banks (FEB) to simplify enrolment for bank employees and their families under the Universal Health Insurance System, according to a (...)