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The rise in gold prices to US$3,000 per ounce has significantly increased zakat obligations for Muslim families, impacting their finances. Scholars and community members emphasize that zakat must be fulfilled …
Surging Gold Prices Intensify Zakat Obligations in Oman Read More
Gold prices in Egypt rose sharply on Monday, with 24-karat gold reaching EGP 4,811.5 for buying and EGP 4,840 for selling. Prices for 22-karat, 21-karat, and 18-karat gold also saw …
Significant Rise in Gold Prices in Egypt Observed on Monday Read More
The Egyptian Exchange (EGX) closed Monday’s trading down, with a market cap of EGP 2.13 trillion. The EGX30 index fell 0.91% to 29,325.2 points, alongside other key indices. Retail investors …
Egyptian Exchange Declines as Market Capitalization Reaches EGP 2.13 Trillion Read More
The Tadawul All Share Index rose by 1.09% to close at 11,853.78 points on March 17, 2025, with a trading value of SAR 4.675 billion and 213.782 million shares exchanged. …
Tadawul All Share Index Increases by 1.09% on Sunday Read More
BHP has gained the right to acquire a 75% stake in Cobre’s Botswana projects, following Cobre’s selection in the Xplor program. The deal includes $5 million in funding within two …
BHP Secures 75% Stake in Cobre’s Botswana Projects Read More
The Egyptian Exchange showed positive performance on Wednesday, with the EGX30 index rising by 0.37%. The overall market capitalization stood at EGP 2.288 trillion, while trading volumes reached EGP 3.929 …
Positive Trends in Egyptian Exchange: EGX Closes in Green Zone Read More
South Africa’s net foreign reserves increased to $61.733 billion in February 2025 from $61.328 billion in January. Gross reserves rose to $66.264 billion, while the forward position grew to $0.531 …
South Africa’s Net Foreign Reserves Increase to $61.733 Billion in February 2025 Read More
ACUD has signed an agreement with Côte d’Ivoire’s Embassy for a 5,000-square-meter plot in the New Administrative Capital’s Diplomatic District. The move underscores the strong ties between Egypt and Côte …
Côte d’Ivoire Embassy Signs Agreement for New Headquarters in Egypt’s NAC Read More
President Kais Saied underscored the urgency of reviving phosphate production and addressing phosphogypsum management in Gabes. He emphasized surpassing previous production levels, ensuring worker rights, restoring public facilities, and utilizing …
Tunisia’s President Advocates for Phosphate Production and Phosphogypsum Solutions Read More
President Kais Saied has initiated a comprehensive inventory of state properties to address unauthorized constructions and land grabs in Tunisia. He emphasized the need for accountability amongst those who violate …
Kais Saied’s Initiative for Comprehensive State Property Inventory in Tunisia Read More