12+ hour, 48+ min ago   (318+ words) U.S. President Donald Trump said on Sunday that interest rates in the United States should be the lowest in the world, renewing pressure on the Federal Reserve ahead of its upcoming monetary policy meeting. Speaking to reporters on the sidelines of…...

17+ hour, 37+ min ago   (372+ words) Metals Focus has warned that gold’s continued record-high prices are redrawing the global demand map for the precious metal, with gold jewellery consumption in 2026 expected to fall to its lowest level since the COVID-19 pandemic, while investment demand for bars…...

17+ hour, 37+ min ago   (185+ words) Major foreign and Arab currencies recorded higher official exchange rates against the Egyptian pound at the close of trading on Sunday, according to the latest rates issued by the Central Bank of Egypt. The broad upward movement was reflected across…...

17+ hour, 37+ min ago   (522+ words) Marsad Al Dahab reported that gold prices in the Egyptian market declined by around 1% during the past week, while gold prices on international exchanges fell by 1.8%, pressured by rising US Treasury yields and heightened investor caution over the expected Federal…...

1+ day, 15+ hour ago   (551+ words) The U.S. dollar strengthened against the euro and Swiss franc on Friday after fresh inflation data showed consumer prices accelerating, reinforcing expectations that the Federal Reserve could raise interest rates next week. The greenback initially gained broadly following the inflation report,…...

3+ day, 9+ hour ago   (243+ words) Major foreign and Arab currencies rose against the Egyptian pound in official trading on Thursday, according to exchange rates published by the Central Bank of Egypt. The broad-based increase put pressure on the local currency, with the dollar, euro, pound…...

4+ day, 2+ hour ago   (200+ words) Egypt’s annual urban inflation rate eased to 14.5% in August from 14.9% in July, data from the Central Agency for Public Mobilization and Statistics (CAPMAS) showed on Thursday. Annual inflation for the country as a whole fell to 12.7% in August from 13% in…...

4+ day, 18+ hour ago   (594+ words) The U.S. dollar rose against the Egyptian pound at the close of trading on Wednesday, with the greenback gaining at most banks operating in Egypt’s local market. Al Ahli Bank of Kuwait recorded the highest dollar buying rate at EGP 51.27, while…...

4+ day, 18+ hour ago   (617+ words) Marsad Al Dahab reported higher gold prices in Egypt’s local market and on global exchanges in mid-Wednesday trading, supported by a weaker US dollar and escalating geopolitical tensions in the Middle East. However, rising US Treasury yields and growing expectations…...

4+ day, 18+ hour ago   (753+ words) An analysis by Marsad Al Dahab points to a gradual shift in the management of Egypt’s gold reserves, with the Central Bank’s holdings rising from around 75 tonnes for decades to nearly 130 tonnes, alongside expanded purchases of locally produced gold through…...