Business Headlines Morocco

Gold Price Correction Freezes Morocco’s Jewelry Market as Buyers and Sellers Both Hold Back

Gold prices have fallen sharply on international markets, retreating to their lowest levels since November 2025 and erasing approximately eight months of accumulated gains. The metal has declined more than 13 percent over one month and more than 22 percent from its January 2026 peak. In Morocco, the correction has transmitted directly to the local […]

Business Egypt Features Finance Headlines

Egypt approves for six month draft decree exempting travelers from gold tax

The Egyptian government Wednesday approved temporarily a draft decree exempting travelers who bring gold from customs duties and other fees except value-added tax (VAT), reports say. The draft is applicable to semi-manufactured gold, gold prepared for currency-trade, and jewelry parts made or coated with a layer of precious metals. It is however unclear how much […]