The UAE Dirham exchange rate against the Egyptian Pound fell by 6 piastres this week and stabilized today, Friday 10-10-2025, at 12.92 EGP for buying and 12.96 EGP for selling at the Central Bank of Egypt.

On Friday, 10 October 2025, the UAE Dirham exchange rate against the Egyptian Pound at the National Bank of Egypt was 12.92 EGP for buying and 12.96 EGP for selling, reflecting the weekly bank holiday. The Central Bank of Egypt recorded the same average exchange rates.

Oil prices dipped slightly after Israel and Hamas agreed on the first phase of a plan to end the Gaza war, with Brent crude hitting $65.15 per barrel. OPEC+ also agreed to lower November production, easing concerns about oversupply.

Pfizer reached a deal with U.S. President Trump to lower prices on some drugs and sell directly to patients amid threats of tariffs on imports. The deal exempts Pfizer from import tariffs for three years and includes major pharmaceutical companies' commitments to invest in U.S. research and development.

Most Asian stock indexes declined today following a pause in the US Wall Street rally, while gold prices fell after recent consecutive increases.

Armin Moradi, founder of Qashio, shares his company's vision to support digital transformation and the shift to a cashless society in the UAE and Saudi Arabia, offering advanced expense management solutions and innovative corporate loyalty programs.

Gold prices rose on Friday, aiming for an eighth consecutive weekly gain amid ongoing geopolitical and economic uncertainty and expectations of interest rate cuts by the U.S. Federal Reserve.

Oil prices shifted slightly in early Asian trading after a war risk premium faded following a ceasefire agreement between Israel and Hamas in Gaza, affecting Brent and WTI crude prices.

Oil prices slightly increased in early Asian trading after dropping over 1% in the previous session, following a preliminary agreement to end the war on Gaza.

The Peruvian parliament unanimously voted to remove President Dina Boluarte after a late-night session, following an earlier vote to proceed with the removal process. This came amid controversy over her salary increase to about $10,000 per month, which angered many citizens.