In Egypt’s parallel market, the US dollar has reached a new high of EGP 57, while the price of gold experienced significant jumps at the beginning of the week. Various …
Gold
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HighlightsPolitics
Gold prices rose by a record 17% in a month as Egyptians scramble against economic volatility
Gold prices in Egypt increased by roughly 17% in a month, and the gold pound coin hit an all-time high of more than EGP 26,000, indicating a global increase in …
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EconomyHighlightsLifestyle
Finway Partners with Master Gold to Launch Egypt’s First Gold ATM
by Nada Khaledby Nada KhaledAccording to a statement on Sunday, Master Gold Egypt, in collaboration with the regional e-payment technology company Finway, opened the first ATM in Egypt to sell gold bars. Speaking on …
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Dahab Masr has partnered strategically with Egypt-based digital payment provider Kash Now to facilitate gold purchasing through the Kash Now app. With the new partnership, customers can conveniently purchase gold …
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Egypt’s Minister of Supply and Internal Trade, Ali Al-Moselhi, has issued Decision No. 149 for 2023. The decision requires all individuals and entities to register with the Jewelry Hallmarking and …
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HighlightsSportsWomen’s Achievements
Asma Al Hosani Makes History as The First UAE Woman to Win Gold in Jiu-Jitsu
Asma Alhosani made history on Friday when she became the UAE’s first woman to secure a gold medal in martial arts at the Asian Games as UAE Show Jumpers Omar …
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EconomyHighlights
Gold Prices Slightly Decline in Egypt’s Local Markets
by Nada Khaledby Nada KhaledDuring Monday’s trade, gold prices slightly decreased in Egyptian local markets. Member of the Gold Division of the Cairo Chamber of Commerce, Amir Rizk, declared that gold prices fell by 5 pounds on Monday, so …
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Over the past few days, the prices of gold have gone a little up and down in a semi-stable manner. According to Amwal Al Ghad, the prices went down on …
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EconomyHighlights
Centamin, Barrick to Get New Gold Exploration Licenses in Egypt
by Nada Khaledby Nada KhaledThe Ministry of Petroleum and Mineral Resources will award seven gold exploration licenses to LSE-listed gold miner Centamin and Canadian firm Barrick Gold this week, Asharq Business reported yesterday, citing …