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The Egyptian Stock Exchange's market capitalization gained one billion Egyptian pounds by the end of trading today.

ربح رأس المال السوقي لأسهم الشركات المقيدة بالبورصة المصرية نحو 51 مليار جنيه بنهاية تعاملات اليوم ، الثلاثاء ، ليبلغ...
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ارتفعت أسعار الذهب في الأسواق المحلية والبورصة العالمية خلال تعاملات اليوم الإثنين، مدفوعة بتصاعد التوترات الجيوسياسية، ولا سيما بين الولايات المتحدة وفنزويلا، ما عزز الطلب على الذهب كملاذ آمن.

ارتفعت أسعار الذهب في السوادق المحلية والبورصة العالمية خلال تعاملات اليوم الإثنين، مدفوعة بتصاعد التوترات الجيوسياسية، ولا سيما بين الولايات...
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Gold prices in Egypt fell by 185 Egyptian pounds last week, coinciding with a $4.41 drop in the price of an ounce of gold on the global market. The decline, a decrease of approximately 51%, was attributed to price volatility and profit-taking, according to a report by the online gold and jewelry trading platform iSagha. Saeed Embaby, CEO of the platform, stated that the price of a gram of 21-karat gold opened at 6,075 Egyptian pounds before falling to 5,890 pounds by the end of the week. Globally, gold prices dropped by approximately $201 per ounce, opening at $4,533 and closing at $4,332, after reaching a record high of $4,555 per ounce. Embaby explained that a gram of 24-karat gold was priced at approximately 6,731 Egyptian pounds, while a gram of 18-karat gold reached around 5,049 pounds, and a gold sovereign coin was valued at approximately 47,120 pounds. Markets are expected to experience significant movements when trading resumes tomorrow, amid escalating tensions between the United States and Venezuela, following reports of military escalation and political and security unrest in Caracas. Looking ahead, Goldman Sachs' commodities team presented one of the most optimistic scenarios, predicting that gold will reach $4,900 per ounce by the end of 2026, supported by strong purchases from central banks estimated at around 70 tons per month, along with a potential US interest rate cut that would boost demand for gold funds. In contrast, JPMorgan anticipates a more aggressive rise, projecting gold to reach around $5,055 per ounce by the fourth quarter of 2026. Conversely, Goldman Sachs expects continued pressure on oil prices, estimating Brent crude at an average price of $56 per barrel, given the global supply glut and OPEC's reluctance to drastically reduce production unless significant geopolitical shocks occur. This disparity between the strength of gold and the weakness of oil reflects the scale of anticipated macroeconomic risks in 2026, particularly those related to inflation and energy market shifts. Analysts at Morgan Stanley and JPMorgan believe that the trajectory of US interest rates will remain the decisive factor in asset performance next year, with yields expected to decline in the first half of 2026 before stabilizing later as inflation data stabilizes.

Gold prices fell by 185 Egyptian pounds in a week, coinciding with a drop in the price of an ounce on the global market by approximately 4.41 TP3T.
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“Abdel Aal: The Tax Authority will begin receiving tax returns for 2025.

Rasha Abdel Aal, head of the Egyptian Tax Authority, confirmed that, in line with the directives of Finance Minister Ahmed Kouchouk aimed at facilitating...
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The Minister of Public Business Sector discusses the latest developments in cooperation with Talaat Moustafa Group to develop hotel projects.

The Minister of Public Business Sector discusses the latest developments in cooperation with Talaat Moustafa Group to develop hotel projects, in line with the state's direction towards supporting and developing...
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The market is awaiting the repercussions of the 1% interest rate cut on the returns of savings accounts, loans, and debt instruments.

The market is awaiting the return of banks to work tomorrow, Sunday, after their weekend holiday, to find out the fate of interest rates on their savings accounts and loan products...
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Minister of Communications: Egypt's digital exports reached $7.4 billion over seven years.

Minister of Communications: Egypt's digital exports reached $7.4 billion over seven years; outsourcing exports doubled in three years, reaching...
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The President directs that focus be placed on increasing foreign currency reserves and meeting the necessary financing needs to enhance development efforts.

President Abdel Fattah al-Sisi directed the government and the Central Bank to focus on increasing foreign currency reserves and meeting necessary financing needs...
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Bank of England cuts interest rates for the fourth time in 2025

The Bank of England voted on Thursday by a narrow majority to cut interest rates, in its final monetary policy decision of 2025,...
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Urgent: Prime Minister: Egypt's external debt remains within safe limits, and we aim to reduce it to less than 401 TP3T of GDP.

All the benefits we can imagine from this are precisely what we want as a nation in the coming period. He added: In light of...
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Minister of Public Business Sector: $1 billion in exports for affiliated companies and 20% growth in their revenues during 2024/2025

Furthermore, as part of deepening partnerships with the local and foreign private sector, several significant agreements were signed, most notably the project to establish a power plant...
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Minister of Public Business Sector: $1 billion in exports for affiliated companies and 20% growth in their revenues during 2024/2025

Furthermore, as part of deepening partnerships with the local and foreign private sector, several significant agreements were signed, most notably the project to establish a power plant...
Read more
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Gold prices in Egypt fell by 185 Egyptian pounds last week, coinciding with a $4.41 drop in the price of an ounce of gold on the global market. The decline, a decrease of approximately 51%, was attributed to price volatility and profit-taking, according to a report by the online gold and jewelry trading platform iSagha. Saeed Embaby, CEO of the platform, stated that the price of a gram of 21-karat gold opened at 6,075 Egyptian pounds before falling to 5,890 pounds by the end of the week. Globally, gold prices dropped by approximately $201 per ounce, opening at $4,533 and closing at $4,332, after reaching a record high of $4,555 per ounce. Embaby explained that a gram of 24-karat gold was priced at approximately 6,731 Egyptian pounds, while a gram of 18-karat gold reached around 5,049 pounds, and a gold sovereign coin was valued at approximately 47,120 pounds. Markets are expected to experience significant movements when trading resumes tomorrow, amid escalating tensions between the United States and Venezuela, following reports of military escalation and political and security unrest in Caracas. Looking ahead, Goldman Sachs' commodities team presented one of the most optimistic scenarios, predicting that gold will reach $4,900 per ounce by the end of 2026, supported by strong purchases from central banks estimated at around 70 tons per month, along with a potential US interest rate cut that would boost demand for gold funds. In contrast, JPMorgan anticipates a more aggressive rise, projecting gold to reach around $5,055 per ounce by the fourth quarter of 2026. Conversely, Goldman Sachs expects continued pressure on oil prices, estimating Brent crude at an average price of $56 per barrel, given the global supply glut and OPEC's reluctance to drastically reduce production unless significant geopolitical shocks occur. This disparity between the strength of gold and the weakness of oil reflects the scale of anticipated macroeconomic risks in 2026, particularly those related to inflation and energy market shifts. Analysts at Morgan Stanley and JPMorgan believe that the trajectory of US interest rates will remain the decisive factor in asset performance next year, with yields expected to decline in the first half of 2026 before stabilizing later as inflation data stabilizes.


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