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Gold prices in Egypt fall on Tuesday
Gold prices in Egypt fall on Tuesday

Zawya

time3 days ago

  • Business
  • Zawya

Gold prices in Egypt fall on Tuesday

Arab Finance: The gold prices in Egypt dropped on Tuesday after the 24-karat fell to EGP 5,245.75 per gram for purchasing and EGP 5,274.25 for selling, according to iSagha's data. Meanwhile, the 22-karat gold price recorded EGP 4,808.5 for buying and EGP 4,834.75 per gram for selling. The 21-karat gold stood at EGP 4,590 per gram for purchasing and EGP 4,615 for selling. Likewise, the 18-karat gold declined to EGP 3,934.25 per gram for buying and EGP 3,955.75 for selling. The gold pound's price retreated to EGP 36,720 for buying and EGP 36,920 for selling. Finally, the gold ounce's price hit $3,297.98 for purchasing and $3,298.27 for selling. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (

Gold prices in Egypt collectively jump on Monday
Gold prices in Egypt collectively jump on Monday

Zawya

time4 days ago

  • Business
  • Zawya

Gold prices in Egypt collectively jump on Monday

Arab Finance: The gold prices in Egypt recorded a collective surge on Monday, with the 24-karat hitting EGP 5,3142.25 per gram for purchasing and EGP 5,337.25 for selling, iSagha's data showed. Likewise, the 22-karat gold price rose to EGP 4,8715 for buying and EGP 4,892.5 per gram for selling. The 21-karat gold stood at EGP 4,650 per gram for purchasing and EGP 4,670 for selling. As for the 18-karat gold, its price increased to EGP 3,985.75 per gram for buying and EGP 4,002.5 for selling. The gold pound's price amounted to EGP 37,200 for buying and EGP 37,360 for selling. Meanwhile, the gold ounce's price registered $3,333.16 for purchasing and $3,333.53 for selling. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (

Saudi Arabia and Kuwait announce new oil discovery in North Wafra field
Saudi Arabia and Kuwait announce new oil discovery in North Wafra field

Zawya

time5 days ago

  • Business
  • Zawya

Saudi Arabia and Kuwait announce new oil discovery in North Wafra field

RIYADH — The governments of Saudi Arabia and Kuwait announced a new oil discovery in the North Wafra Wara-Burgan field, located approximately 5 kilometers north of the Wafra field in the Partitioned Zone between the two countries. According to the joint statement, crude oil flowed from the Wara reservoir in the North Wafra (Wara-Burgan-1) wellat a rate exceeding 500 barrels per day, with an API gravity of 26 to 27 degrees. This is the first oil discovery since the resumption of production operations in the Partitioned Zone and its adjacent offshore area in mid-2020, when both countries restarted joint operations after a period of suspension. The discovery is considered strategically significant, as it reinforces Saudi Arabia and Kuwait's roles as reliable global energy suppliers, and reflects their ongoing capabilities in exploration and production across shared oil fields. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (

Oman: Work begins on Al Rustaq Gate project
Oman: Work begins on Al Rustaq Gate project

Zawya

time5 days ago

  • Business
  • Zawya

Oman: Work begins on Al Rustaq Gate project

MUSCAT: Work has begun on the Al Rustaq Gate development project, which is part of the governorate's development projects implemented in the Al Batinah South Governorate. Al Rustaq Gate has two gates connected by arches for a distance of 200 metres. The project includes the construction of a lounge at Gate No 1 that includes parking lots and rest areas for visitors to rest, cafes and shops to buy collectibles, especially traditional products. The project will include ample slots for car parking. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (

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