Egypt Independent Gold prices recorded an unprecedented rise in global and Egyptian markets on Tuesday. Gold prices rose significantly despite a ceasefire announced by Russia in Ukraine. On Monday, Egyptian gold transactions saw the 24-karat gold settled at £E1,013/gram, the 21-karat gold reached £E886/gram and the 18-karat gold marked £E760/gram. …
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Egypt Independent Gold prices declined in Egypt at the start of trading on Wednesday, after prices declined globally. The fall followed a rush by traders to purchase gold, as a safe haven, against the repercussions of the war between Russia and Ukraine. Tuesday’s trading saw a noticeable increase in gold …
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Doaa Moneim – Ahram Online “Egypt reached 100 points on the World Bank’s entrepreneurship indicator for 2022, gaining 25 points over 2021’s score”, the ‘World Bank’s Women, Business and the Law 2022 report’ released on Tuesday pointed. The report named Egypt among eight economies in the region which scored 100 …
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Egypt Today “Five agreements were signed at the Fifth Session of the Joint Intergovernmental Commission for Economic, Technical and Scientific Cooperation between Azerbaijan and of Egypt at a meeting in Baku”, A statement by the Egyptian Ministry of International Cooperation read. The signed agreements covered numerous fields, including investment, trade, …
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Egypt Independent Global gold prices saw a rapid rise on Wednesday, after a significant decline. Prices settled near the highest rate since November 2021, especially following the decline of the US dollar on Wednesday. The global stock exchange opened trading on a decline, however, demand pushes prompted gold prices to …
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Egypt Today Six financing contracts worth $1.5 Billion, to fund a diesel production complex in Assiut, were signed between Egypt’s Ministry of Petroleum and six international banks on Wednesday. “The contract was signed with the Italian CDP, Credit Agricole for Investment and Finance, UniCredit Italy, HSBC Middle East, BNP Paribas …
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Egypt Independent Gold prices fell amidst trading following Ukrainian statements confirming “Russian escalation against Ukraine had stopped” on Tuesday. The decline of gold and oil prices on Tuesday came after the release of a video clip showing Russian forces leaving the Ukrainian border. Gold prices are also affected by the …
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Egypt Today On Tuesday, the second day of the Egypt International Petroleum Conference and Exhibition (EGYPS 2022), the Egyptian Minister of Petroleum and Mineral Resources Tarek al-Molla witnessed the signing of 11 energy related memoranda of understanding (MoU) and agreements. The agreements include a ‘gas recovery and reducing carbon emissions …
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Egypt Today “Egypt Economic Monitor: The Far-Reaching Impact of Government Digitalisation”, a report published by the World Bank (WB) at an event with Egypt’s Ministry of International Cooperation on Tuesday. The report details the World Bank’s assessment of Egypt’s latest economic developments and outlook. It provides analysis focused on the …
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Egypt Today Egypt officially returned to the JP Morgan Emerging Markets index on Monday, which comes nearly a decade after its exit from it in June 2011. “Egypt is one of two countries in the Middle East and Africa within the JP Morgan Emerging Market Bond Index (EMBI)”, said Mohamed …
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