Wednesday 08 Jan

prices

Expectations of a 10% increase in rebar prices
2024/10/06

Expectations of a 10% increase in rebar prices

The local market is anticipating a potential increase in rebar prices of up to 10% at the beginning of next week's trading. This expectation is...

Brent Crude hits $73 as geopolitical tensions escalate
2024/09/30

Brent Crude hits $73 as geopolitical tensions escalate

Oil prices have surged amid heightened geopolitical tensions and uncertainty. Following Israel's assassination of Hezbollah leader Hassan Nasrallah, the market is closely watching Iran's retaliation....

Oil prices spike amid Middle East tensions
2024/09/24

Oil prices spike amid Middle East tensions

Oil prices surged following a dual impact: China's campaign to support economy and the Israeli strike on Hezbollah targets in Lebanon

Oil prices steady ahead of Fed rate hike, Brent Crude hits $73
2024/09/17

Oil prices steady ahead of Fed rate hike, Brent Crude hits $73

Oil prices have remained relatively steady as concerns about weakening demand forecasts offset the anticipated impact of an interest rate cut by the Federal Reserve....

Gold prices climb higher Tuesday
2024/09/17

Gold prices climb higher Tuesday

Gold prices surged on Tuesday amid mounting speculation that the Federal Reserve will lower interest rates at its next meeting. Investors are eagerly awaiting the...

Oil prices stabilize following the resumption of Libyan exports
2024/09/16

Oil prices stabilize following the resumption of Libyan exports

Oil prices have stabilized after posting their first weekly gain in a month, as a decline in Libyan exports offset signs of a deepening economic...

Price hike hits over 20 new car models
2024/09/07

Price hike hits over 20 new car models

The Egyptian car market continues to face turmoil due to supply and demand imbalances persisting for nearly two years. According to observers, Prices for 22...

Decreased demand drives oil prices lower
2024/09/04

Decreased demand drives oil prices lower

Oil prices fell slightly on Tuesday, having declined by nearly 5% the previous day. The potential resolution of Libya's political turmoil shifted attention back to...