Exhibition City Completes About 80% of Preparations for the Damascus International Fair Launch
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On Tuesday, October 14, 2025, the dollar exchange rate against the Egyptian pound was 47.63 EGP for buying and 47.77 EGP for selling, with stable rates at the National Bank, Banque Misr, and Commercial International Bank.
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Gold prices in the UAE remained stable on Tuesday, October 14, 2025, with the 18K gold gram priced at around 373.25 AED. Strong demand for ETFs and central bank purchases continue to support gold prices.
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The European Union is considering imposing heavy tariffs on Chinese steel imports to protect European industry from Chinese dumping, which has led to declining profits and factory closures. This move is part of a European strategy to counter unequal economic threats from China, whose steel exports to Europe have increased by 40% since 2022.
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United Concentrates Company executed two off-exchange deals worth EGP 38 million during Monday's trading session on the Egyptian Exchange, with other significant deals involving Infinity A and Barouq Real Estate Development.
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Samsung expects its largest quarterly profit in over three years, driven by rising prices of traditional memory chips and strong demand from AI servers. Operating profit for Q3 is estimated at 12.1 trillion won, with revenue expected to reach 86 trillion won.
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Gold prices reached a new record high on Tuesday, driven by renewed trade tensions between the U.S. and China and expectations of U.S. interest rate cuts, with gold surpassing $4100 an ounce for the first time.
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Customs Law No. 207 of 2020 identifies 13 violations considered smuggling, including hiding goods, unloading at unauthorized ports, submitting forged documents, and possessing smuggled goods for trade.
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Gold prices reached record highs globally and in Egypt on October 14, 2025, surpassing $4100 per ounce amid escalating US-China trade tensions. In Egypt, the 21-carat gold gram price hit a new peak of 5510 Egyptian pounds.
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The delay in rainfall in Morocco is causing concern among farmers and livestock breeders due to fears of a difficult agricultural season, especially with rising temperatures and the suspension of barley support affecting livestock feed.
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China has renewed its readiness to "fight to the end" in the trade war with the United States after Trump announced an additional 100% tariff on Chinese imports. Both sides are seeking negotiation and easing tensions amid disputes over rare earth export controls and U.S. software restrictions.
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