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Business
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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.
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Business
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Markets & Companies
1/21/2024 3:34:15 PM
The Egyptian Exchange (EGX) indices reached record levels on Sunday and the main index surpassed 27,700 points for the first time in its history.
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Sports
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World
1/20/2024 7:16:27 PM
Donyell Malen scored a brace as Borussia Dortmund beat Cologne 4-0 on Saturday in a match delayed for eight minutes after protesting fans threw chocolate coins in gold foil onto the pitch.
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Sports
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World
1/20/2024 12:50:02 PM
Coach Thierry Henry hopes that Kylian Mbappe and other French World Cup stars might make themselves available for his team at the Paris Olympics.
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Business
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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.
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Business
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Markets & Companies
1/18/2024 8:18:37 PM
Centamin, the operator of Egypt’s largest gold mine, Sokari, increased its annual revenues from the mine to 13 percent during the full year 2023, recording $891.26 million, according to a statement on Thursday.
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Business
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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.
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Business
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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.
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Business
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Markets & Companies
1/17/2024 3:32:07 PM
The Egyptian Exchange (EGX) indices ended Wednesday in the red territory and the market cap lost EGP 5 billion.
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Business
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Markets & Companies
1/17/2024 2:07:36 PM
Egyptian fintech company AMAN Holding signed a partnership agreement with Dahab Masr, a digital precious metals investment firm, to enable customers to purchase gold in installments through the AMAN app, read a statement on Wednesday.
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Business
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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.
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Business
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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.
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Arts & Culture
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Music
1/15/2024 4:46:04 PM
Egyptian TikTokers Youssef Ismail and Amina Hussein won Gold at TikTok Creator Awards Middle East 2023 in the competition's music and entertainment categories, respectively.
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Business
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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.
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Business
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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).
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Business
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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.
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Business
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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).
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Business
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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).
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Business
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Markets & Companies
1/11/2024 3:34:53 PM
The Egyptian Exchange (EGX) indices ended Thursday in green after the fluctuations that dominated the four-session week.
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Business
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Markets & Companies
1/10/2024 5:05:13 PM
The amount of gold remaining in Egyptian mines amounts to at least 25 million ounces (or over 781 tons), said Nagi Farag, advisor to the minister of supply for gold affairs, during an interview with the Ala Masouliati TV show on Tuesday.
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