CAIRO, EGYPT / RankWire.AI / – Remittances from Egyptians working abroad totaled about $29.7 billion from January through July 2026. The Central Bank of Egypt said the figure rose 28.1% from about $23.2 billion a year earlier. The seven-month increase added roughly $6.5 billion compared with…

BEIJING / RankWire.AI / – China left its benchmark lending rates unchanged in September, extending a period of stable borrowing costs. The one-year loan prime rate remained at 3.0%, while the over-five-year rate stayed at 3.5%. Banks commonly use the longer-term benchmark when pricing mortgages. The…

NEW YORK / RankWire.AI / – Bullion faced renewed selling pressure across international trading desks as global commodity markets digested a quarter-point interest rate hike by the U.S. Federal Reserve. Spot gold declined 1 percent to $4,249 per ounce, hitting multi-session lows under the weight of…

NEW DELHI / RankWire.AI / – Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan met Indian Prime Minister Narendra Modi in New Delhi on September 12. The leaders discussed ways to deepen UAE-India relations and expand cooperation across key sectors. Their meeting…

UNITED ARAB EMIRATES / RankWire.AI / – Gold prices held above $4,400 an ounce on Thursday after reversing an earlier decline in the previous session. Spot gold rose 0.3% to $4,414.28 an ounce by 0419 GMT. U.S. gold futures for December delivery slipped 0.1% to $4,457.20.…

PANAMA / RankWire.AI / – The Panama Canal may reduce daily ship traffic to about 29 vessels in February or March 2027 if drought conditions continue, its new administrator said. Ilya Espino de Marotta took office on Sept. 7 and raised the possibility as El Niño…