Gold prices rise as US dollar drops

Gold prices advanced on Thursday, buoyed by a softer US dollar as investors closely await key inflation data out of the United States. Spot gold rose zero point three percent to US$4,412.84 per ounce by 02:34 GMT. Meanwhile, US gold futures for December delivery dipped zero point one percent to…

Communications minister discusses outsourcing investment opportunities with Egyptian Businessmen’s Association

Minister of Communications and Information Technology Raafat Hendy held an extensive meeting with a delegation from the Egyptian Businessmen’s Association, headed by Fathallah Fawzy, the association’s Vice-Chairperson and Chairperson of its Real Estate Development and Contracting Committee. The meeting was attended by Ahmed El-Zaher, CEO of the Information Technology Industry…

GAFI discusses Dubai Investments’ plans to expand in Egypt

Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI), met with Khalid Jassim Mohammed Bin Kalban, Vice Chairperson and CEO of Dubai Investments, in the presence of Manal Abdel Tawab, Minister Plenipotentiary and Head of the Egyptian Commercial Service office in the UAE, to discuss the…