
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

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.