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Gold rates hold firm Saturday following global rally on weak US jobs data

Gold rates hold firm Saturday following global rally on weak US jobs data

Gold prices in the Egyptian domestic market stabilized today, Saturday,...

Businessmen Team 10 Jan 2026

The global rally was triggered by the U.S. Department of Labor's December jobs report, which reveal...

Safe-haven demand drives gold prices higher

Safe-haven demand drives gold prices higher

Gold prices in Egypt rose on Thursday, January 8, as...

Businessmen Team 08 Jan 2026

Local traders reported a notable increase in prices across all karats, reflecting the rising cost o...

Egypt to launch Africa’s first specialized gold bank in Cairo

Egypt to launch Africa’s first specialized gold bank in Cairo

Mohamed Attia El Fayoumi, Chairman of the Qalyubia Chamber of...

Businessmen Team 03 Jan 2026

El Fayoumi made the remarks following the Central Bank of Egypt’s announcement of an unprecedented...

Badawi witnesses signing of $140M metallic silicon complex deal

Badawi witnesses signing of $140M metallic silicon complex deal

Egypt’s Minister of Petroleum and Mineral Resources, Engineer Karim Badawi,...

Businessmen Team 31 Dec 2025

The agreement was signed by Dr. Amjad Kamel, Chairman of Alamein Silicon Products Company, with a c...

CBE, Afreximbank partner on new Pan-African gold bank

CBE, Afreximbank partner on new Pan-African gold bank

The Central Bank of Egypt (CBE) and the African Export-Import...

Businessmen Team 30 Dec 2025

This strategic initiative aims to strengthen central bank reserves, reduce reliance on internationa...

Golden Land invests EGP 5b in Naseem project

Golden Land invests EGP 5b in Naseem project

Golden Land Real Estate developer has launched a 5-billion-pound residential...

Businessmen Team 27 Dec 2025

The development, named Naseem Compound, will be located in the Green Revolution area. CEO Mohamed H...

Golden Triangle Economic Zone attracts more investments

Golden Triangle Economic Zone attracts more investments

Prime Minister Dr. Moustafa Madbouly held a meeting today at...

Businessmen Team 22 Dec 2025

The Prime Minister emphasized the ongoing efforts of various state entities to maximize the potenti...

Cabinet grants golden license to MAC, Deli Egypt for major industrial projects

Cabinet grants golden license to MAC, Deli Egypt for major industrial projects

The Cabinet, in its meeting today chaired by Prime Minister...

Businessmen Team 17 Dec 2025

The project includes setting up and operating a factory for the production and assembly of all type...

FinTech and Regulation key to expanding non-banking financial inclusion, says FRA chief

FinTech and Regulation key to expanding non-banking financial inclusion, says FRA chief

Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority (FRA),...

Businessmen Team 15 Dec 2025

Dr. Farid's remarks came during his keynote speech at the Top 50 Women STEM and Future Innovation S...

Gold prices in Egypt record EGP 4,812 for 18-karat

Gold prices in Egypt record EGP 4,812 for 18-karat

The US dollar showed relative stability during Wednesday evening trading...

Businessmen Team 10 Dec 2025

Meanwhile, gold prices in Egypt were influenced by global market trends, particularly decisions by...

Chinese stationery giant Deli launches $200m factory in Egypt

Chinese stationery giant Deli launches $200m factory in Egypt

Hossam Heiba, CEO of the General Authority for Investment and...

Businessmen Team 10 Dec 2025

The industrial project, located in 10th of Ramadan City, will be built on an area of 160,000 square...

Egyptian Ministers discuss boosting tourism investments

Egyptian Ministers discuss boosting tourism investments

Engineer Hassan El-Khatib, Minister of Investment and Foreign Trade, received...

Businessmen Team 09 Dec 2025

El-Khatib emphasized the importance of developing a clear investment plan for tourism. The plan sho...