economy
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The US Federal Reserve holds interest rates steady at 3.75% at its first meeting of 2026
The Federal Reserve decided to keep interest rates unchanged at the 3.50-3.75% range at its first meeting of 2026. Learn more about the decision and monetary policy outlook…
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Gold price today in Egypt: 21-karat gold exceeds 7000 Egyptian pounds, reaching historic levels
Gold prices in Egypt saw a historic surge today, with 24-karat gold surpassing 8,000 Egyptian pounds amid a global decline in the dollar. Learn more…
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Ending the privatization program in Saudi Arabia and starting the national strategy
The Council of Economic and Development Affairs announces the conclusion of the privatization program after the completion of its work, and moves to the national strategy phase to maximize the impact of partnership with the private sector…
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Ministry of Industry: 1356 field visits to factories in December
The Ministry of Industry conducted 1,356 field visits to industrial facilities in Saudi Arabia during December, with Riyadh and the Eastern Province leading the way, to ensure compliance with regulations and enhance quality…
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Europe warns of the dangers of relying on American gas
The European Commission warns against replacing dependence on Russia with excessive reliance on American gas, calling for diversification of energy sources to ensure strategic and economic security.
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Saudi Riyal exchange rate against the Egyptian Pound in banks today
Find out the Saudi Riyal exchange rate in Egypt today, updated in real time. The Riyal is currently trading at 12.52 Egyptian pounds for selling at the Central Bank of Egypt, with detailed pricing information…
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France: Government survives no-confidence vote and moves closer to budget approval
The French government survived a vote of no confidence in parliament, paving the way for the approval of the general budget despite expectations of a rising fiscal deficit…
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Point-of-sale sales in Saudi Arabia reach 12.5 billion riyals in one week
A report from the Saudi Central Bank reveals that point-of-sale (POS) sales reached SAR 12.5 billion in one week. Learn more about consumer spending…
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The US Federal Reserve and the interest rate decision: Expectations of a hold despite Trump's pressure
All eyes are on the US Federal Reserve today, with expectations that interest rates will remain unchanged at 3.6%, ignoring Trump's demands. Learn more about the decision and inflation forecasts…
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Oil prices rose today due to winter storms in America
Oil prices rose today, with Brent crude reaching $67.85 and West Texas Intermediate $62.74, amid concerns about supply disruptions due to…
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