Silver prices jumped following joint strikes from the US and Israel on Iran, according to Dahab Masr’s data by 1:13 pm.

The Egyptian government has adopted a strategy to meet the needs of three ministries amid rising regional tensions following US strikes in the Gulf region.

Maersk will temporarily reroute some of its vessels away from the Suez Canal, citing “unforeseen constraints” in the Red Sea region.

Gold prices hiked significantly on Sunday as investors moved into safe-haven assets following the US-Israel strikes on Iranian targets.

Israel has halted liquefied natural gas (LNG) exports to Egypt after a joint US-Israel strike on Iran.

EgyptAir has suspended its flights from Cairo to 13 Middle Eastern cities until further notice due to escalating regional tensions.

Prime Minister Mostafa Madbouly has issued a decree establishing a high-level “Crisis Committee” under his leadership to monitor the repercussions of ongoing military operations between Iran and Israel.

The US dollar went up on Monday against major currencies amid rising tension in the Middle East, Reuters reported.

Gold prices soared for the fourth consecutive session to a near two-month high on Monday, as Iran-Israel clashes pushed investors towards safe-haven assets

The exchange rate of the US dollar to Egyptian pound hit EGP 50.21 for buying and EGP 50.31 for selling at the National Bank of Egypt (NBE) as well as Banque Misr on Monday.