The global gold ounce price rose by 1% last week to reach $3,409, with expectations of US interest rate cuts and increased demand for gold as a safe haven.

On Saturday, August 9, 2025, the dollar exchange rate stabilized at 48.5 EGP for buying and 48.6 EGP for selling at the Commercial International Bank, and at 48.51 EGP for buying and 48.61 EGP for selling at Bank of Alexandria. The Central Bank of Egypt recorded an average buying rate of 48.48 EGP and selling rate of 48.62 EGP, while the National Bank of Egypt recorded 48.5 EGP for buying and 48.6 EGP for selling.

On Saturday, August 9, 2025, the dollar exchange rate stabilized at 48.5 EGP for buying and 48.6 EGP for selling at the Commercial International Bank, and at 48.51 EGP for buying and 48.61 EGP for selling at Bank of Alexandria. The Central Bank of Egypt recorded an average buying rate of 48.48 EGP and selling rate of 48.62 EGP, while the National Bank of Egypt recorded 48.5 EGP for buying and 48.6 EGP for selling.

On Saturday, August 9, 2025, the dollar exchange rate stabilized at 48.5 EGP for buying and 48.6 EGP for selling at the Commercial International Bank, and at 48.51 EGP for buying and 48.61 EGP for selling at Bank of Alexandria. The Central Bank of Egypt recorded an average buying rate of 48.48 EGP and selling rate of 48.62 EGP, while the National Bank of Egypt recorded 48.5 EGP for buying and 48.6 EGP for selling.

US President Donald Trump imposed customs duties of up to 50% on Indian imports, severely impacting India's jewelry, gemstones, textiles, and automobile components sectors.

US President Donald Trump imposed customs duties of up to 50% on Indian imports, severely impacting India's jewelry, gemstones, textiles, and automobile components sectors.

The Saudi team participates in the 20th edition of the International Standards Olympiad (ISO 2025) in Incheon, South Korea, with 40 teams from various countries.

The Saudi team participates in the 20th edition of the International Standards Olympiad (ISO 2025) in Incheon, South Korea, with 40 teams from various countries.

The Saudi team participates in the 20th edition of the International Standards Olympiad (ISO 2025) in Incheon, South Korea, with 40 teams from various countries.

The US administration plans to issue an executive order to clarify misinformation about tariffs on gold bullion after some importers stopped receiving gold shipments in the US.