
The gold market in Egypt was affected by the increase in manufacturing, and the start of the Sudanese exploratory meeting in Addis Ababa to achieve political consensus
AI-generated summary
تأثر سوق الذهب في مصر بزيادة المصنعية، وبدء الاجتماع الاستكشافي السوداني في أديس أبابا لتحقيق توافق سياسي

The business confidence index in Saudi Arabia declined in October 2026 to 55.5 points, and the launch of the “COP 31” climate conference in Turkey amid calls to double renewable energy, in addition to the decline in annual core inflation in Egypt to 13.1 percent.

The French government is facing a stifling economic and financial crisis represented by declining growth and a rise in public debt to about 3.6 trillion euros, with a wave of union protests and strikes demanding improved wages and purchasing power amid preparations for an austerity budget.

Low-income Egyptian families suffer from being excluded from the government food support system, forcing them to pay many times the price of local bread and reduce their daily meals amid a severe economic crisis and pressure from the International Monetary Fund.

US Federal Reserve Board member Christopher Waller says Treasury yields rose due to concerns about the US financial situation and competition for capital from artificial intelligence investments, which reduced the “safety premium” for government bonds. The statements come amid repricing in global bond markets and a rise in the US trade deficit.

Egypt is preparing to adopt the budget for the new fiscal year, with debt remaining at the forefront of discussions. Public debt is rising by 19.4%, and debt service is a significant burden on revenues. Warnings of pressure on health and education allocations.