In the last few hours, the seventh day has published a number of important economic news, perhaps the most important of which are developments in the gold market, as well as the Egyptian stock market and developments in the performance of ministries during the Climate Summit.
The stock market indices rise
The Egyptian stock exchange closed its trading session today, Monday, with a collective rise in indices, driven by purchases from Arab and foreign dealers, and market capitalization gained £ 12.25 billion, to close at the 770,300 level. billions of pounds.
The “EGX30” index rose 2.37% to close at 11,443 points and the “EGX50” index rose 1.14% to close at 2,061 points and the “EGX30” weighted index jumped 2 , 1% to close at the level of 13836 points, the “EGX30” total return index increased by 2.36% to close at 4,676 points.
The “EGX 70 of equal weights” index rose 0.81% to close at 2237 points, and the “EGX 100 of equal weights” climbed 1.06% to close at 3260 points.
Gold price falling
Today, gold prices recorded a drop of just two pounds and the price of gold in Egypt jumped from 1227 to 1225 pounds per gram of 21 karat, which is the most traded in Egypt, at the beginning of the week. trade, amid expectations of other gold price changes in the coming hours.
Gold prices in Egypt: 18-karat stands at 1050 pounds.
21 records of caliber 1225 lbs.
24 caliber records 1400 lbs.
The gold pound is 9800 pounds.
Gold prices rose about 2.8% during the settlement at the end of last week’s sessions, with the dollar’s performance declining following the release of the monthly American employment report, and monthly data on the US employment showed that the economy increased 261,000 jobs last month, compared to expectations of adding 200,000 jobs.
144 billion pounds, the value of green investments in 2022/2021
The Ministry of Economic Planning and Development has released a report on the Egyptian government’s efforts to green the investment plan, which includes green public investments implemented over the past four years and targeted during the fiscal year (22/2023), and its role in the implementation of the National Climate Change Strategy 2050, coinciding with the launch of the United Nations Summit The United Nations Committee on Climate Change (COP 27) in Sharm El-Sheikh in the period from 7 to 18 November.
Management of 6 gas filling stations and a mobile conversion center in Sharm El-Sheikh
Gastec, one of the companies in the oil industry, has made continued efforts to implement plans to expand the use of natural gas as a fuel and to develop the necessary infrastructure in various governorates at the level of the Republic, where natural gas is a friendly fuel with high economies of operation.
This is part of the strategy of the Ministry of Petroleum and Mineral Resources regarding the effective contribution to plans and policies for the conservation of the environment and the reduction of the rates of harmful pollutants in Egyptian cities.
In Sharm El-Sheikh, hosting the COP 27 climate conference, Gastec has been a pioneer in providing catering and natural gas conversion services for the first time, having opened and operated (5) gas catering stations in the city: Umm El-Sid Hill Station – Holiday Station), as well as providing a mobile station for refueling cars with natural gas to improve catering services for all types of cars and vehicles at the Nabq station designated for the refueling of buses with natural gas, the construction and operation of which is underway. The company has supplied its stations with the modern smart card catering system, which is the latest electronic link system for catering cars in the world.
