Gold Prices Inch Lower as US Inflation Data Looms

Gold prices edged lower on Wednesday as investors remained on the sidelines ahead of a key US inflation print later in the day that could set the tone for the Federal Reserve’s September policy meeting.

Spot gold eased 0.2% to $2,460.87 per ounce. Pr…

IsDB Funds Energy Transformation Programs in Egypt

Jeddah, The Islamic Development Bank (IsDB) financed several energy projects in Egypt, leading to a 14% increase in energy production between 2012 and 2022, representing 94% of Egypt’s energy capacity.

The IsDB also facilitated the addition of nearly…