Egypt Economy
Egypt is witnessing a surge in digital gold investment driven largely by younger investors, according to Saied Embaby, CEO of iSagha.
Reportado por IA
Gold prices in Egypt's local market posted modest gains during last week's trading, with the 21-karat gram closing at EGP 6,925, even as global prices declined sharply due to US dollar strength and escalating geopolitical tensions.
Deputy Prime Minister Kamel Al-Wazir continued his nationwide inspection of strategic industrial projects on Tuesday, focusing this week on major food-production facilities in Nubaria and Sadat City. His tour began at Beyti Food Industries, a subsidiary of the Almarai Group, where he inaugurated five new production lines valued at EGP 1bn. The additions boost the plant's capacity to meet rising domestic demand and expand exports.
Reportado por IA
Egypt’s Health Minister Khaled Abdel Ghaffar announced the launch of Eva Pharma’s new Oncology and Hematology Division, a key step toward localizing advanced pharmaceutical manufacturing and bolstering national health security. The announcement came at an event in Cairo, highlighting the handling of 360,000 annual cancer cases at a cost of nearly EGP 13 billion.