}

Gold prices hold steady on October 18

Gold prices stabilized on Sunday, October 18, with the24-karat gold hitting EGP 7,192.95 for purchase and EGP 7,095.46 for sale, according to Dahab Masr at 3:38 PM.

FRA approves prospectus for 30% Banque du Caire offering worth up to EGP 24.25B

The Financial Regulatory Authority (FRA) approved the prospectus for a 30% share offering in Egyptian state-owned lender Banque du Caire, with an indicative value of approximately EGP 24.25 billion at the upper end of the proposed price range, as per a statement.

Egypt’s auto sales leap 25.76% YoY in 8 months: AMIC

Automotive sales in Egypt increased by 25.76% to 135,445 vehicles during the first eight months of 2026, compared to 107,710 units in January-August 2025, according to the latest report from the Automotive Market Information Council (AMIC).

What are your expectations for gold prices in the coming period?