Thank you for reading the news regarding the economy summary today, Saturday 5/7/2022. The movement of the local gold markets continues and now with the details of the news
Cairo – Samia Sayed – Today, Saturday 7-5-2022, the “Gulf 365” website published a set of important economic news, including the developments in gold prices in light of the existing global tensions, and the General Federation of Chambers of Commerce denied what was circulated regarding the suspension of the movement of local gold markets, In addition to a group of other economic news according to the following:
The Federation of Chambers of Commerce denies stopping the movement of buying and selling in the gold markets
Engineer Ibrahim Al-Araby, head of the General Federation of Chambers of Commerce, denied what is being circulated on some social networking sites regarding the suspension of the movement of the local gold markets “buying and selling”, stressing that the documents circulated in this regard are not related to the chambers of commerce in any way, and the news that is being circulated This is completely false.
The Sanitary Ware Division is looking into the transformation of the plumbing sector importers into local manufacturing
The Sanitary Ware Division of the Cairo Chamber of Commerce, headed by Fawzy Abdel-Galil, is discussing with a number of merchants in the sanitary and plumbing sector to switch from import to local manufacturing, in order to take advantage of the controls set by the state to reduce the import process and the import bill.
Gold prices are down 40 pounds in the markets… and 21 karat drops to 1180 per gram
Gold prices witnessed a decline a little while ago by regarding 30 pounds, following prices fell 10 pounds, bringing the total value of gold to 40 pounds in Saturday’s trading, and 21 karat fell from 1210 to 1180 pounds per gram.
Euro prices in Egypt .. 19.32 pounds for purchase and 19.55 pounds for sale
The price of the euro today witnessed stability once morest the Egyptian pound in the banks operating in Egypt, recording in the National Bank the price of 19.32 pounds for purchase, and 19.55 for sale, and in the Bank of Alexandria, it recorded 19.27 pounds for purchase, and 19.57 for sale, while in the Central Bank of Egypt it recorded 19.34 pounds for purchase, And 19.46 pounds for sale.
Extending the daily working hours of the financial control until five in the evening, starting tomorrow
The Financial Supervisory Authority decided to extend the number of daily working hours to nine hours until five in the evening, starting tomorrow – with the end of the Eid Al-Fitr holiday – to meet the work necessities and to facilitate the stakeholders of those dealing in non-banking financial activities.
Antiquities participate in the Arab Forum for Tourism and Travel (ATM) in Dubai
The Ministry of Tourism and Antiquities, represented by the Egyptian General Authority for Tourism Activation, participates in the activities of the Arab Forum for Tourism and Travel (ATMWhich will be held in Dubai, United Arab Emirates, from 9 to 12 May.
