#VAT
Significant fluctuations in gold prices have recently dominated the market in Egypt, creating a tumultuous environment for investors and traders alike. The price of 24-carat gold reached EGP 3,657 (USD 118.76) Egyptian pounds for selling on Friday, 5 January, Reports have emerged detailing instances of trading platforms experiencing abrupt shutdowns, resulting in hours-long suspensions of all buying and selling operations. Nagy Farag, the Advisor to the Supply Minister for Gold Industry Affairs, explained that global factors, including a USD 100…