Al-Jaghbeer: The Industrial Sector Leads Economic Growth
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The Ministry of Supply and Internal Trade offers sugar, cooking oil, and vegetables at reduced prices through the "carry on" retail outlets affiliated with the Holding Company for Food Industries, as part of an initiative to modernize and upgrade retail points across Egypt.
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German Chancellor Friedrich Mertz plans to invite key officials and companies to a Car Summit on October 9, 2025, to discuss the crisis in Germany's automotive industry facing sales decline, Chinese competition, and a shift to electric mobility.
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Gold prices in Egypt jumped by 51 EGP, with 21-carat gold reaching 5126 EGP, while global gold hit new record highs amid economic tensions and political events in the United States.
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"Expand North Star" will take place at Dubai Harbour from October 12 to 15, 2025, aiming to empower the next generation of entrepreneurs by connecting them with funding and market opportunities and turning their ideas into leading global companies.
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The European Union has reimposed economic and financial sanctions on Iran due to its nuclear activities, including travel bans, asset freezes, and bans on oil and gold imports, following the UN Security Council's decision not to extend sanctions relief on Tehran.
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In 2025, global trade faces significant challenges due to U.S. protectionist policies, but the global economy shows resilience supported by strong performance indicators, easing trade tensions, and monetary support from central banks.
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Arcapita successfully exited a portfolio of nine industrial properties in Indianapolis, totaling 1.5 million square feet, acquired by Capital Partners. The portfolio delivered stable income and significant value growth since acquisition.
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Gold prices in Iraq on Monday, September 29, 2025, showed slight changes with relative stability compared to the previous day. The price of 24-carat gold per gram was approximately 158,753 Iraqi dinars.
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Ahmed Saada, Executive Director of the Association Projects Support Fund, highlighted that the fund's launch marks a key step in fostering partnerships between the private sector and civil society, offering technological solutions to support civil work.
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Al Hilal Saudi hosts Uzbekistan's Nasaf in the second group stage round of the 2025-2026 AFC Champions League. Al Hilal started strong with a win over Al-Duhail, while Nasaf lost to Al-Ahli, putting pressure on them before the match.
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