Al-Jaghbeer: The Industrial Sector Leads Economic Growth
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Iraq plans to attract investments worth $250 billion over the next two years through a comprehensive government plan aimed at diversifying income sources and boosting economic growth, while facing political and economic challenges in achieving this goal.
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Global financial markets reacted strongly after Jerome Powell's speech at Jackson Hole, indicating an 85% chance of a 25 basis point rate cut in September amid a shift toward easing despite persistent inflation.
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The US dollar rate on August 26, 2025, at the Central Bank of Egypt was 48.44 EGP for buying and 48.57 EGP for selling, with stable rates in major Egyptian banks including the National Bank of Egypt and Commercial International Bank.
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The US dollar exchange rate on August 26, 2025, at the Central Bank of Egypt was 48.44 EGP for buying and 48.57 EGP for selling, with similar rates at major banks including the National Bank of Egypt, Banque Misr, and Commercial International Bank.
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Cement prices in Egypt stabilized on August 26, 2025, averaging 3,820 EGP per ton delivered at the factory, after a prior increase of about 200 EGP, with slight price movement expected soon.
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Gold fluctuates globally influenced by dollar price and interest rate policies; 24K gold in Qatar priced at 394.50 QAR. Globally, gold ounce price rose 0.4% to 3358 USD.
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The General Sheikhdom of Sufi Orders called on its followers in Egypt to join the Mawlid al-Nabawi procession starting September 15, 2024, from Sidi Saleh Al-Jaafari Mosque to Imam Hussein Mosque courtyard.
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Lebanon faces unplanned urban growth and heavy car dependence with repeated failures to build an effective public transport system, causing chronic traffic jams and serious economic and environmental impacts.
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The Supply Directorate in Fayoum launched major campaigns issuing 1366 diverse supply reports across various centers and villages, alongside inspection tours at fuel stations to catch violators, as part of the governorate's efforts to monitor markets and prevent exploitation.
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Marsa Alam International Airport receives 36 international flights today, mostly European, as part of 180 flights scheduled this week from 15 countries.
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