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Value of gold increased to $2.702bn, up by $63m from October
Local market witnesses state of recession in buy, sell movement
The price of gold is currently EGP 22,787.84 per troy ounce (August 24, 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
Marriage is a holy bond, and it cannot be measured by the money spent on it, says founder
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
Settlement of expenses and revenues provided by Centamin underway, says EMRA
The central bank awaits the Chinese loan and the first portion of the World Bank loan to reinforce reserves
Egypt must modernise its mining polices, towards a tax, royalty and rent system and away from the production sharing system
Egyptian weightlifter Fatma Omar, 43, with the Egyptian weightlifting national team won the World Weightlifting Championship with a gold medal in the 61kg division in Dubai. Omar hit the record number 135.5. She left her studies to dedicate to sports and since 1997 she won receive several medals and achieved several records through national tournaments
Selling 20 terms brochures for prospecting for mining materials in nine areas
Prices to reach $1,100/oz in Q4 2015
“Designing eyewear came out of my own curiosity for customising some pieces,” says designer
Egypt is afraid to do business in Sudan, despite the latter having great investment opportunities, says Elbashir
Transfer of authority to a public economic entity has yet to be made, although it was announced by Minister of Supply last December
Centamin hopes for opportunity to repeat successful experience of Sukari gold mine
Egypt repays $681m to Paris Club in January
Official says gold prices were not notably affected by oil pricing crisis
Presidential decree to be issued to separate the authority from the ministry to become public economic entity, says Khaled Hanafy
Risen value of several commodities influenced production value, government statistics agency indicates
Expansion activities of gold miner Centamin negatively affected by 2012 court ruling restricting its operations
Google took a step in that direction this week with the acquisition of Titan Aerospace, a maker of solar-powered drones that can help boost Internet access to remote areas.
The company said on Monday it produced 91,546 ounces of gold in the fourth quarter of 2013, bringing its full year output to 356,943 ounces to beat guidance of 320,000 ounces.
No predictions on when the market will pick up again: Head of the gold division at the chamber of commerce
Geochemist Mel Lintern said it appeared the trees sucked up the gold particles from 30 metres (100 feet) below the ground through their roots.
Two months later, the market was “turbulent again as short selling and fresh professional liquidation developed on heightened expectations of an end to QE3,” according to the report.