Latest in Tag: Gold Highlight
Latest in Tag: Gold
Petroleum and Mineral Resources Ministry keen to provide full support for mining investments, by quickly overcoming challenges, says Tarek El Molla
Egypt’s FX reserves increased by about $352m to $35.035bn: CBE
This year’s exports reflected a rise of about 76% on the previous year.
Bullion coin price rises by about EGP 72 to EGP 7,048
Gold prices rose to record levels as the rift between the US and China intensified, and a weak US dollar pushed investors to seek refuge in the safe haven
Gold remains safe haven in light of continuing global storms, says Abdel-Aal
Gold sales have continued to grow in Egypt for the second week despite high prices, according to Ragab Hamed, Associate Director at Sabayik al Kuwait for precious metals trading. Prices for the precious metal have recently touched EGP 911,000 per kilo for 24-carat and EGP 6,360 for the gold bullion coin. In a weekly report …
The reserve, which has a 95% recovery rate, has one of the highest rates of extraction, and with a total $1bn investment over the next 10 years.
The bids cover the search for and exploration of gold and other minerals in the Eastern Desert, with the extension coming on the back of the ongoing implications of the coronavirus (COVID-19) pandemic. It gives companies an extended window of opportunity in which to submit offers.
Remnants of old Jewish community remain in Cairo’s goldsmithing community as reminder of historic turbulence
International bidding interest in Eastern Desert’s gold stores: Source
Country’s net international reserves reach $45.51bn in February, compared to January’s $45.457bn: CBE
I learned jewellery design in London, became first female pearl merchant in Kuwait, says Rashid
Coronavirus’s continues spread, pushing gold to record levels: Naguib
60% increase in demand for bullion from the beginning of 2019, says Embabi
Centamin exports 300-350 kg of gold ore per week to Canada for refining
Company sells about 70 kg of gold per month to CBE to increase reserves, says El-Raghy
Gold rose by EGP 115 in Egypt since the beginning of 2019, marking an unprecedented level, says Baqy
You know your gold jewellery is 14k, or 10k, or one of the other many popular karat weights that exist, but what does it all mean? It all has to do with the amount, percentage to be precise, of pure gold content alloyed into jewellery
5 printers sold, for EGP 0.5m of sales since the launch, says Chairperson of Lamina for Additive Manufacturing Technologies & 3D Printing
Company’s capital estimated at EGP 5.5m, of which 10% contributed by Flat6labs
The company has completed all technical and feasibility studies of the project and is considering to start take the required procedures, a source at Al Romaizan said.
FX reserves increased to $44.352bn end of May: CBE
Issue opens the way for fraud, stealing citizens’ gold savings, turning them into glass
Dealing with official invoices, checking gold, prevents traders getting involved in robbery cases: Michel
Increase in companies’ demand indicates recovery after the season, says Rezk
Group owns 6 companies, accounting for 30% of local production
90% of gold bullion coins traded in Egypt are not incompatible with specifications
Egyptians prefer used gold jewellery as savings tool instead of gold bullion, pounds of gold
The year 2016 saw largest sale of Egyptians of gold to reap profits, says Antwan