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Gold Prices Stabilize at $4,381 per Ounce
SadaNews - Gold stabilized near a new record level, maintaining its support, despite market optimism over a decrease in global trade tensions and increasing hopes for the imminent reopening of the U.S. government.
The precious metal prices jumped by as much as 3.1% on Monday, peaking at $4,381.52...
Egypt: 15 Million Tourists Received During the First 9 Months of 2025
SadaNews - Egypt received 15 million tourists during the first 9 months of this year, a growth of 21% year-on-year, bringing it closer to its target of 18 million tourists by the end of the year.
Egypt's Minister of Tourism and Antiquities, Sherif Fathy, stated that "the number of touris...
Oil Prices Rise After Reducing Losses in the Opening Session
SadaNews - Oil prices rose after reducing their losses in the weekly opening session, as investors balanced the implications of renewed trade tensions between the United States and China against global demand prospects.
Brent crude traded above $63 a barrel after rising in the previous session fo...
Gold Prices Rise to $4,129 per Ounce
SadaNews - Silver prices have reached a new record level above $52.50 per ounce, strengthened by a "historical short squeeze" in London, which added momentum to a rising trend fueled by increased demand for safe assets.
Spot prices rose by 0.4% to reach $52.5868 per ounce in London, sur...
Artificial Intelligence at the Core of Central Bank Discussions During IMF Meetings
SadaNews - Policymakers, already concerned about rising trade tensions and public debt inflation, are preparing to face a new worry next week: the risk of a financial market collapse.
Monetary policy makers and finance ministers from around the world will gather in Washington for the fall meeting...
Oil Prices Decline as Traders Focus on Easing Tensions in the Middle East
SadaNews - Oil prices declined as traders focused on the easing tensions in the Middle East and rising U.S. inventories.
Brent crude fell below $66 a barrel after rising over 1% on Wednesday, while West Texas Intermediate stabilized near $62.
U.S. President Donald Trump stated that Israel and...
Oil Prices Decline as Traders Focus on Easing Tensions in the Middle East
SadaNews - Oil prices have declined as traders focus on easing tensions in the Middle East and rising U.S. inventories.
Brent crude fell below $66 a barrel after rising more than 1% on Wednesday, while West Texas Intermediate crude stabilized around $62.
U.S. President Donald Trump stated that...
The Union of Small and Micro Lending Companies "Sharaka" Elects a New Board of Directors
SadaNews - The Union of Small and Micro Lending Companies "Sharaka" held its ordinary general assembly meeting on 6/10/2025, with the aim of electing a new board of directors for the upcoming term, in the presence of the members of the union's general assembly, a representative from th...
Slight Rise in Oil Prices as Markets Focus on U.S. Inventory Data
SadaNews - Oil prices rose slightly after a mixed report on U.S. inventories was released, as traders continued to focus on broader supply forecasts, with the "OPEC+" alliance maintaining its production increases and the expansion of U.S. output.
Brent crude climbed close to $66 a barre...
Gold Prices Approach $4,000 an Ounce
SadaNews - Gold prices have reached a new record level, approaching $4,000 per ounce, amid increasing uncertainty caused by the U.S. government shutdown and the political crisis in France.
Gold rose to $3,977.44 an ounce after a jump of 1.9% on Monday. The suspension of federal activities that be...