Gold prices hit an all-time high today, surpassing $4000 per ounce, driven by safe-haven demand amid economic and geopolitical uncertainties and expectations of US Federal Reserve interest rate cuts.

The EU will activate the entry-exit system next Sunday, limiting Britons outside the EU to 90 days within any 180-day period. This threatens thousands of British second-home owners in Europe with fines, expulsion, and bans on return. New border checks including fingerprinting will be implemented, affecting travel to countries like France, Spain, and Italy.

Egypt's current account deficit dropped to $2.2 billion in Q2 2025, supported by increased remittances from Egyptians abroad and higher tourism revenues. Suez Canal and oil exports also saw slight increases despite security challenges in the Red Sea.

Gold prices in the spot market exceeded $4000 per ounce for the first time amid increased demand as a safe haven due to economic and political concerns, with prices rising over 51% this year.

Minister of Investment Khalid Al-Falih, representing the Crown Prince, participated in the Dakar Investment Forum in Senegal, highlighting Senegal as a strategic partner and promising investment destination for Saudi Arabia and Africa.

Dr. Muneer Al-Dosouki, President of KAUST, confirmed Saudi Arabia's commitment to achieving net zero by 2060 through a national strategy focusing on expanding clean energy solutions and investing in deep technologies to reduce emissions, aligned with Vision 2030.

UK Prime Minister Keir Starmer is on a two-day visit to India to strengthen trade relations and support the recently signed free trade agreement between the UK and India, aiming to increase bilateral trade to $34 billion by 2040.

Elon Musk's AI startup xAI is raising $20 billion in funding, including up to $2 billion investment from Nvidia, to use Nvidia processors in its Colossus 2 data center.

Tesla has introduced two lower-cost versions of its electric vehicles, the Model Y and Model 3, priced between $36,990 and $39,990 to boost sales amid growing competition. Deliveries are expected between December 2025 and January 2026.

After 16 months of political crisis, the French economy faces declining investment and market confidence, rising interest rates, and high election costs, increasing pressure on public finances.