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Business - Markets & Companies
1/22/2024 11:12:35 PM
Benchmark US crude oil for February delivery rose $1.78 to $75.19 per barrel Monday. Brent crude for March delivery rose $1.50 to $80.06 per barrel.

Business - Economy
1/22/2024 3:35:55 PM
Egypt’s imports of customs-free gold recorded approximately 3.8 tons over eight months, El-Shahat Ghatouri, head of the Egyptian Customs Authority (ETA), said on Monday.

Business - Markets & Companies
1/22/2024 3:05:22 PM
The Egyptian Exchange (EGX) indices and gold prices reached new record levels on Monday. The main index EGX30 surpassed 28,050 points and the 21-carat gold exceeded EGP 3,585 per gram.

Business - Economy
1/18/2024 11:00:31 PM
Benchmark U.S. crude oil for February delivery rose $1.52 to $74.08 per barrel Thursday. Brent crude for March delivery rose $1.22 to $79.10 per barrel.

Business - Markets & Companies
1/18/2024 4:25:38 PM
The Egyptian Exchange (EGX) ended the last session of the week in the green territory and the EGX100 index exceeded the 9,000-point threshold for the first time.

Business - Markets & Companies
1/17/2024 10:49:22 PM
The Egyptian Mineral Resources Authority (EMRA) has inked a deal with the Canadian-based company Aton Resources to begin exploiting the gold ore and associated minerals in the Abu Marwat region of the Eastern Desert, according to a ministerial statement on Wednesday.

Egypt - Society
1/17/2024 11:39:50 AM
In response to parliamentary requests to auction the prices of raw materials supplied to the ministry such as sugarcane, Minister of Supply and Internal Trade Ali Moselhi cautioned that this would further raise commodity prices.

Business - Markets & Companies
1/16/2024 11:19:48 PM
Benchmark US crude oil for February delivery fell 28 cents to $72.40 per barrel Tuesday. Brent crude for March delivery rose 14 cents to $78.29 per barrel.

Al-Ahram Weekly - Features
1/16/2024 8:07:29 PM
Sarah Elhosary reports on rising prices in Egypt’s clothing industry and their effects on manufacturers, dealers, and customers in the second of two articles

Business - Markets & Companies
1/16/2024 4:36:00 PM
The USD parallel market rate, EGX indices, and gold prices reached new record highs on Tuesday.

Life & Style - Style
1/16/2024 12:32:04 PM
Someday soon, someone will be walking down the street proudly carrying a ludicrously capacious bag, bought for a ludicrously capacious price.

Business - Economy
1/15/2024 6:01:43 PM
The historic Abu Qurqas Sugar Factory decided to halt cane sugar production after 155 years, due to a sharp reduction in sugar cane supply to the factory, Issam El-Din El-Badawi, head of the Egyptian Sugar and Integrated Industries Company (ESIIC) affiliated with the Ministry of Supply and Internal Trade, said on Sunday.

Arts & Culture - Visual Art
1/15/2024 5:50:03 PM
Tickets for the Louvre museum in Paris rose almost 30 percent on Monday to 22 euros ($24), the latest price hike in the French capital ahead of its hosting of the Olympic Games.

Business - Markets & Companies
1/15/2024 3:50:15 PM
The Egyptian Exchange (EGX) indices ended in the green for the second day in a row, and the market cap gained EGP 19 billion.

Business - Economy
1/15/2024 3:32:04 PM
The de-escalation in the conflict between Russia and Ukraine and the introduction of new high-yield certificates in Egypt could lead to a decline in gold prices, said Lotfi El-Monieb, deputy head of the Gold Division at the Federation of Egyptian Chambers of Commerce (FEDCOC).

Business - Markets & Companies
1/14/2024 4:33:18 PM
The USD has approached a new high of EGP 57 in the parallel market in Egypt, while gold prices started the week with EGP 100 jumps in the gram price of different carats.

Business - Economy
1/14/2024 3:16:03 PM
Beltone Financial Holding’s subsidiary Beltone Asset Management has announced the launch of a new gold investment fund in collaboration with investment company Evolve Holding, read a statement on the Egyptian Exchange (EGX).

Business - Energy
1/12/2024 7:31:29 PM
Oil prices surged four percent on Friday after US and UK forces launched strikes against Yemen's Houthis, fueling concerns about a wider conflict in the crude-rich region.

Business - Economy
1/11/2024 10:43:56 PM
Gold prices surged 15 percent year-on-year (YoY) to $2,078 per ounce in 2023, its all-time-high, supported by the increased demand by central banks and the geopolitical risks that benefit a haven like gold, according to a report by the World Gold Council (WGC).

Business - Economy
1/11/2024 7:57:56 PM
Consumer inflation in the United States rose more than anticipated in December, government data showed Thursday, with President Joe Biden conceding he must do more to tackle high prices.

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