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Saudi Al Romaizan plans to launch EGP 500m gold factory in Egypt
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.
Gold in FX reserves up by $69m in June 2019
FX reserves increased to $44.352bn end of May: CBE
Discounting weight of crystal stones when returning jewellery disrupts Egyptian gold market
Issue opens the way for fraud, stealing citizens’ gold savings, turning them into glass
Gold Traders Syndicate warns shops from spread of counterfeit gold
Dealing with official invoices, checking gold, prevents traders getting involved in robbery cases: Michel
Recession hits gold market in Ramadan
Increase in companies’ demand indicates recovery after the season, says Rezk
Sales of gold jewellery reached 9.6 tonnes in 2018: MD of New Egypt Gold Group
Group owns 6 companies, accounting for 30% of local production
Fake bullion coins spread in Egypt’s gold market
90% of gold bullion coins traded in Egypt are not incompatible with specifications
Believe it or not, trading of used gold jewellery is illegal in Egypt
Egyptians prefer used gold jewellery as savings tool instead of gold bullion, pounds of gold
Egyptians bought 362.9 tonnes of gold in 9 years: World Gold Council
The year 2016 saw largest sale of Egyptians of gold to reap profits, says Antwan
Gold bullion: saving for profits
Market sees trading of imported, local, handmade alloys, says Medhat Alberaqdar
Gold: safe haven for investments
Gold one of most important reserves of central banks, will not let it collapse, says CEO of Sabayik Al-Kuwait
Gold is safe resort for investors: Gulf Brokers
High demand on precious metal reduces dependence on Euro
Mineral Wealth Law, terms of gold exploring do not attract investors: AL Raghy
4.4bn were transferred to bank account of Al Sokari gold mines to boost Egyptian economy
Top 10 global countries in producing gold ore : Egypt out of scene
1. China – 426 tonnes For many years China has been the top producing nation, accounting for 13% of global mine production. Production fell by 6% last year due to escalated efforts by the government to fight pollution and raise environmental awareness. 2. Australia – 295.1 tonnes Although gold production increased 5 tonnes from the …
“Global company to draft new terms to benefit from Egypt’s mining wealth”: official source
Ministry of petroleum succumbed to investors to amend terms of gold exploration
7 billion ounces of gold in 125 concessions need to be controlled
4 companies suspended their work in Egypt till amending gold exploring terms
Gold value listed in FX reserves growth curbs reserves decline in December 2018
FX reserves gold value increased by $104m, foreign currencies down by $2.068bn
Azza Fahmy builds silver, gold, turquoise Nubia
It was not until designer came across a collection of turquoise stones during India trip, that she decided to turn her favourite destination into jewellery statement
Warsaw and Budapest go nuts for gold
$331m Sukari mine revenues until July
Centamin pays $122m mining royalties to EMRA
Gold recoils amid sell off but may rebound in next period: World Gold Council
Jewelry shop owner expects gold prices to increase by $50 to reach $1250 per ounce globally by Q4 of this FY
Beginner’s guide to investing in gold
If you are new to the gold market, then it may at first seem difficult to get your head around investing in gold, so here is a handy beginner’s guide to help you get started.
Egyptians bought five tonnes of gold jewellery within three months: World Gold Council’s report
Iran, Turkey leading decline in jewellery demand in Middle East, states report
Gold value behind CBE foreign reserve hike in November
Value of gold increased to $2.702bn, up by $63m from October
Gold rises on surge on world exchanges
Local market witnesses state of recession in buy, sell movement
Gold demand continues to plunge in Egypt
The price of gold is currently EGP 22,787.84 per troy ounce (August 24, 2017).
‘Water wins over gold’ in El Salvador mining ban
Gold value increases to $2.45bn in foreign exchange reserves by late January 2017
A report published by the CBE on Sunday revealed that foreign exchange reserves increased to $26.363bn by the end of January 2017, compared to $24.265bn in December 2016
Campaign seeks to change timeworn marriage traditions
Marriage is a holy bond, and it cannot be measured by the money spent on it, says founder
$53m decrease in value of gold listed in foreign exchange reserves in May: CBE
The CBE announced on Wednesday evening that its foreign exchange reserves increased by $510m in May, registering $17.520bn, compared to $17.010bn in April