Abdel Wahab: CBE set to cut interest rates amid falling inflation Dr. Mohamed Abdel Wahab, an economic analyst and financial advisor,... Businessmen Team 24 Dec 2025 Abdel Wahab explained that the drop in the annual urban inflation rate to 12.3% in November, compar...
US Fed Rate cut reshapes global investment landscape, says analyst The US Federal Reserve’s recent decision to cut interest rates... Businessmen Team 30 Oct 2025 In press statements, Abdel Wahab explained that the financial markets' immediate reaction was muted...
Gold prices surge in Egypt today Gold prices in Egypt recorded a new historic jump on... Businessmen Team 02 Oct 2025 The 21-karat gold standard, the most widely traded in Egypt, climbed to an unprecedented level of E...
USD stable against EGP on Monday The US dollar remained stable against the Egyptian pound on... Businessmen Team 01 Sep 2025 The exchange rate held steady in major banks, with the dollar trading at 48.54 pounds for buying an...
Gold prices in Egypt stable Thursday Gold prices remained stable in Egypt today, Thursday, as markets... Businessmen Team 14 Aug 2025 The precious metal held steady globally, with the price of an ounce trading in a tight range. Marke...
Gold prices drop after US Fed holds rates Gold prices in the Egyptian market experienced a noticeable decline... Businessmen Team 31 Jul 2025 Twenty-one-karat gold, the most widely traded in the local market, recorded approximately 4,500 EGP...
Sawiris calls on Trump to halt tariffs Businessman Naguib Sawiris called on US President Donald Trump to... Businessmen Team 03 May 2025 Sawiris said in a tweet via his account on the “X” platform, (previously Twitter), that the world i...
Gold prices soar EGP 1,155 (31%) year-to-date Egypt's Gold and Precious Metals Division reported a significant surge... Businessmen Team 21 Apr 2025 The division's report highlighted that 21-karat gold, the most active in the local market, has jump...
Oil prices rise; Brent crude $74.02 per barrel Oil prices climbed on Wednesday, buoyed by a decline in... Businessmen Team 19 Dec 2024 Brent crude futures surged over a dollar, reaching a session high. They gained 86 cents (1.18%) to...
Weak China demand weighs on oil prices Oil prices dipped this week as investors grappled with uncertainty... Businessmen Team 09 Nov 2024 West Texas Intermediate (WTI) crude oil traded within a narrow range, fluctuating around the $70 pe...
Oil prices steady ahead of Fed rate hike, Brent Crude hits $73 Oil prices have remained relatively steady as concerns about weakening... Businessmen Team 18 Sep 2024 While there is uncertainty surrounding the extent of the Federal Reserve's monetary easing, many ma...
Oil prices soar after Israeli strike on Hezbollah Oil prices soared following an Israeli airstrike on Hezbollah targets... Businessmen Team 27 Aug 2024 Oil prices have remained slightly elevated year-to-date due to geopolitical risks and the anticipat...