Mount Shayeb Al-Banat is a prominent peak in Egypt's Red Sea region, standing 2187 meters tall and known as the "Everest of the Red Sea." Located 45 km southwest of Hurghada, it is a popular mountain climbing destination with views of Sinai Peninsula and Qena Valley, and features a small lake that collects rainwater.

Mount Shayeb Al-Banat is a prominent peak in Egypt's Red Sea region, standing 2187 meters tall and known as the "Everest of the Red Sea." Located 45 km southwest of Hurghada, it is a popular mountain climbing destination with views of Sinai Peninsula and Qena Valley, and features a small lake that collects rainwater.

The US dollar exchange rate stabilized on the morning of Friday, August 15, 2025, in Egyptian banks, with the Central Bank recording 48.24 EGP for buying and 48.23 EGP for selling, and the National Bank recording 48.28 EGP for buying and 48.38 EGP for selling.

The US dollar exchange rate stabilized on the morning of Friday, August 15, 2025, in Egyptian banks, with the Central Bank recording 48.24 EGP for buying and 48.23 EGP for selling, and the National Bank recording 48.28 EGP for buying and 48.38 EGP for selling.

Gold prices in Saudi Arabia showed relative stability today with 24-carat gold priced at 404.50 Riyals. The local market is influenced by global changes, with investors awaiting any developments affecting gold prices globally and locally.

Gold prices in Saudi Arabia showed relative stability today with 24-carat gold priced at 404.50 Riyals. The local market is influenced by global changes, with investors awaiting any developments affecting gold prices globally and locally.

US main stock indices closed mixed after the Producer Price Index report exceeded expectations, limiting hopes for US interest rate cuts.

US main stock indices closed mixed after the Producer Price Index report exceeded expectations, limiting hopes for US interest rate cuts.

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.

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.