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Category: Business 9423

Former Supply Minister Advisor: Gold Ounce to Surpass $5000 Before Year-End, Advises Buying Now
Business
  • 1 mins read

Former Supply Minister Advisor: Gold Ounce to Surpass $5000 Before Year-End, Advises Buying Now

Dr. Naji Farag, former advisor to the Minister of Supply for gold industry affairs, stated that the gold ounce reached $4050 and is expected to surpass $5000 before year-end, influenced by US inflation data, central bank purchases, and the US government shutdown.

A Glass Boom... Unexpected Economic Surge and Urban Renaissance in Baghdad
Business
  • 1 mins read

A Glass Boom... Unexpected Economic Surge and Urban Renaissance in Baghdad

Baghdad is experiencing an unprecedented urban renaissance indicating a promising economic boom, with new bridges, hospitals, and schools built, but reports warn of suspicious money and influence networks behind these projects.

New Court Order: Assets of Hadeer Abdelrazek Frozen in Egypt
Business
  • 1 mins read

New Court Order: Assets of Hadeer Abdelrazek Frozen in Egypt

Egyptian authorities have frozen all assets of blogger Hadeer Abdelrazek amid ongoing criminal investigations, following the postponement of her appeal against a one-year prison sentence for publishing content violating public morals.

Gold Price Today Monday, October 13, 2025 in UAE: 24K at 484.25 AED
Business
  • 1 mins read

Gold Price Today Monday, October 13, 2025 in UAE: 24K at 484.25 AED

Gold prices in the UAE stabilized on Monday, October 13, 2025, with the 24K gold gram priced around 484.25 AED amid strong demand for ETFs and central bank purchases.

IMF Director: Indian Economy Becoming a Key Driver of Global Growth
Business
  • 1 mins read

IMF Director: Indian Economy Becoming a Key Driver of Global Growth

Kristalina Georgieva, IMF Managing Director, stated that India has become a key driver of global economic growth, with global growth expected at around 3% in the medium term. The World Bank raised its forecast for India's economic growth in fiscal year 2026 to 6.5%.

Visitors from Around the World Enjoy Luxor's Archaeological Sites - Youm7
Business
  • 1 mins read

Visitors from Around the World Enjoy Luxor's Archaeological Sites - Youm7

Luxor's archaeological sites are experiencing a large influx of tourists during the winter season, with visitors from Europe and Southeast Asia enjoying the historic landmarks. Hotel occupancy rates are expected to exceed 85%.

Clashes Between Protesters and Police in Ecuador Over Fuel Price Hikes
Business
  • 1 mins read

Clashes Between Protesters and Police in Ecuador Over Fuel Price Hikes

Protesters clashed with police in Quito, Ecuador, over fuel price hikes, with police using tear gas to disperse crowds who burned tires and blocked roads. The protests followed the removal of fuel subsidies that raised diesel prices significantly.

Digital Economy Delegation Visits the United States to Strengthen Tech Partnership
Business
  • 1 mins read

Digital Economy Delegation Visits the United States to Strengthen Tech Partnership

The Digital Economy, Space, and Innovation delegation, led by Minister Abdullah Al-Sawaha, has started an official visit to the United States to enhance partnerships in technology, artificial intelligence, and innovation.

October Ration Distribution Continues: Oil, Sugar, and Pasta Among Main Available Goods - Youm7
Business
  • 1 mins read

October Ration Distribution Continues: Oil, Sugar, and Pasta Among Main Available Goods - Youm7

The Ministry of Supply continues distributing essential goods for October through ration outlets, highlighting oil, sugar, and pasta as key available items, with regulated working hours to ensure smooth distribution.

Indonesian President Confirms Participation in Sharm El-Sheikh Peace Summit
Business
  • 1 mins read

Indonesian President Confirms Participation in Sharm El-Sheikh Peace Summit

The Indonesian President confirmed his participation in the Sharm El-Sheikh Peace Summit in Egypt, aimed at supporting Middle East stability and rebuilding Gaza.

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