European stocks closed higher, hitting a two-month high supported by aviation, defense, and financial sectors. The Stoxx 600 index rose 0.6%, with Admiral shares jumping 6.6% after strong first-half earnings.

Arabica coffee futures rose 6.9 cents (2.2%) to $3.265 per pound, reaching a six-week high of $3.2850. Robusta coffee increased 4% to $3,952 per ton supported by rising prices in Vietnam and Indonesia.

Arabica coffee futures rose 6.9 cents (2.2%) to $3.265 per pound, reaching a six-week high of $3.2850. Robusta coffee increased 4% to $3,952 per ton supported by rising prices in Vietnam and Indonesia.

The US dollar exchange rate on Friday, August 15, 2025, at the National Bank of Egypt was 48.28 pounds for buying and 48.38 pounds for selling, with the Central Bank of Egypt recording 48.23 pounds for buying and 48.36 pounds for selling.

The US dollar exchange rate on Friday, August 15, 2025, at the National Bank of Egypt was 48.28 pounds for buying and 48.38 pounds for selling, with the Central Bank of Egypt recording 48.23 pounds for buying and 48.36 pounds for selling.

Egyptian local markets are influenced by global gold supply changes, with gold prices fluctuating daily between 20 to 30 pounds due to global stock market developments and supply-demand factors.

Egyptian local markets are influenced by global gold supply changes, with gold prices fluctuating daily between 20 to 30 pounds due to global stock market developments and supply-demand factors.

Iron prices in Egypt on Friday, August 15, 2025, stabilized between 38,000 and 40,000 EGP per ton, with steady prices among companies and distributors after a previous increase.

Iron prices in Egypt on Friday, August 15, 2025, stabilized between 38,000 and 40,000 EGP per ton, with steady prices among companies and distributors after a previous increase.

The UAE launched the first regional center of excellence for food security in cooperation with the Ministry of Climate Change and Environment and the FAO to promote innovation and transformation in regional food systems. The UAE relies on alternative proteins as a sustainable source to enhance food security and reduce environmental impacts.