gold
Gold prices decline on Thursday
Business
February 22, 2018
Gold prices decline on Thursday
Gold prices fell at the beginning of Thursday’s trading, with LE23.209 buying an ounce. The price of 24 karat recorded…
US dollar continues to decline against euro
Business
January 12, 2018
US dollar continues to decline against euro
Gold prices rose on Thursday, nearing the highest level in four months, after a stronger tone from the European Central Bank (ECB) in…
Gold rush: Why the Indian wedding season is a boon for Dubai
Life & Style
October 17, 2017
Gold rush: Why the Indian wedding season is a boon for Dubai
As Hindus all over the world prepare for Diwali celebrations, millions more will begin preparations of another kind. October marks…
Five illegal gold miners killed during excavation in Marsa Alam
Egypt
August 3, 2017
Five illegal gold miners killed during excavation in Marsa Alam
Five illegal gold miners were killed on Thursday during excavations in a cave in Marsa Alam, the Red Sea governorate. Preliminary…
Wall Street opens lower amid geopolitical jitters
Business
April 11, 2017
Wall Street opens lower amid geopolitical jitters
US stocks edged lower on Tuesday as rising geopolitical tensions in the Middle East and the Korean peninsula pushed investors…
Geopolitics from France to Korea keep investors cautious
Business
April 10, 2017
Geopolitics from France to Korea keep investors cautious
Trading volumes were muted for many financial market assets on Monday with investors refraining from making big bets because of…
Mining company Centamin won’t bid in Egypt gold tender, terms not viable
Business
January 24, 2017
Mining company Centamin won’t bid in Egypt gold tender, terms not viable
Centamin Plc, which runs Egypt's only commercial gold mine, said it would not bid in the country's new gold exploration…
Stocks, oil, gold start 2017 on firm footing, US dollar resumes climb
Business
January 3, 2017
Stocks, oil, gold start 2017 on firm footing, US dollar resumes climb
Global markets marched confidently into 2017 on Tuesday, with Asian stocks extending gains after European shares surged to their highest…
Gold prices rise on back of dollar shortage: traders
Business
October 31, 2016
Gold prices rise on back of dollar shortage: traders
Gold prices rose on Sunday, with a pound of gold valued at LE5,040, while a gram of 24-carat gold cost…
Central Bank seeks to buy gold from treasury to bolster foreign reserves
Business
October 13, 2016
Central Bank seeks to buy gold from treasury to bolster foreign reserves
An official source has confirmed that the Central Bank of Egypt (CBE) has called upon the Ministry of Finance to…