Today, Friday, 10/28-2022, witnessed a large number of important economic news, whether local or global, most notably the rise in gold prices, during the past 24 hours, by approximately 70 pounds, and 21 karat scored about 1205 pounds, and the announcement of the Board of Governors of the Asian Infrastructure Investment Bank It will hold its eighth annual high-level meetings, next year, for the first time on the African continent, in Sharm El-Sheikh on 25-26 September 2023.
Gold prices today, Friday.. 21 karat records 1205 pounds
Gold prices rose, during the past 24 hours, by nearly 70 pounds, after the liberalization of the exchange rate and the occurrence of large jumps in the price of the dollar against the pound by nearly 20%, before Egypt reached an agreement with the International Monetary Fund, and obtained a financing package worth 3 billion dollars. and another $6 billion from international partners and the Sustainability Fund.
Gold prices today:
Carat 18 recorded 1033 pounds.
21 caliber record 1205 pounds.
24 carat record 1378 pounds.
The gold pound is 9640 pounds.
For the first time .. Egypt will host the meetings of the Asian Infrastructure Investment Bank next year
Dr. Mohamed Maait, Minister of Finance and Governor of Egypt at the Asian Infrastructure Investment Bank (AIIB), said that the Board of Governors of the Asian Infrastructure Investment Bank decided to hold its eighth high-level annual meetings, next year, for the first time on the African continent, in Sharm El-Sheikh on the 25th. 26 Sep 2023; As a historically distinguished city, and an ideal platform for discussing opportunities for infrastructure financing, in a way that contributes to achieving sustainable development locally, regionally and globally in many vital sectors such as energy and water, and discussing ways to enhance cooperation with the private sector and international development partners.
The minister added that Egypt is witnessing a new reality that has become more attractive to international development partners, as we have succeeded in creating a stimulating environment for local and foreign investors, with our strong infrastructure, which we spent $400 billion on developing within 7 years, to be able to absorb a huge volume of investments. He explained that the government is making tangible efforts to stimulate investment and empower the private sector. As the engine of job-rich economic growth, in order to achieve the goals of comprehensive and sustainable development, in accordance with Egypt’s Vision 2030.
Petroleum: New Saudi investments in aircraft refueling in Egypt
Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, received the Executive Director of the Saudi Arabian Petroleum Supply Company (APSCO) Mohammed Ali Reda and his accompanying delegation. Its strong desire remained to pump investments in this field in Egypt, first at Cairo International Airport and then at the rest of the Egyptian airports.
During the meeting, Al-Mulla said that the Saudi company has great experience in the field of aviation fuel and lubricants that extends for more than 70 years. digital, emission reduction, etc.