{"id":657428,"date":"2024-12-19T00:00:00","date_gmt":"2024-12-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/19\/shalateens-gold-deliveries-to-the-central-bank-to-hit-1-25-tons-next-year\/"},"modified":"2024-12-19T00:00:00","modified_gmt":"2024-12-19T00:00:00","slug":"shalateens-gold-deliveries-to-the-central-bank-to-hit-1-25-tons-next-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/19\/shalateens-gold-deliveries-to-the-central-bank-to-hit-1-25-tons-next-year\/","title":{"rendered":"Shalateen\u2019s gold deliveries to the central bank to hit 1.25 tons next year"},"content":{"rendered":"

Good afternoon, friends, and congratulations on making it to the weekend.<\/strong> <\/p>\n

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THE BIG STORY TODAY<\/p>\n

Shalateen looks to up its gold deliveries by 25% next year:<\/strong> State-owned Shalateen Mineral Resources Company is planning to deliver 1.25 tons of gold to the Central Bank of Egypt in 2025, up 25% from the 1 ton it expects to deliver this year, Asharq Business<\/a> reports, citing an unnamed government source it says has knowledge of the matter. Shalateen delivered 720 kg of gold worth EGP 1.3 bn in 2023<\/a>.<\/p>\n

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THE BIG STORY ABROAD<\/p>\n

Trump, Musk torpedo federal spending plan:<\/strong> The US government is two days away from a partial shutdown as Congress faces pressure from US President-elect Donald Trump to reject a temporary federal spending bill. The bipartisan bill \u2014 which would avoid a shutdown in the days before Christmas holidays \u2014 includes some USD 100 bn for hurricane relief and USD 10 bn for agricultural aid. Elon Musk also pressured Congress earlier this week to reject the bill. (New York Times<\/a> | BBC<\/a> | AP<\/a> | The Guardian<\/a>)<\/p>\n

ALSO GETTING INK-<\/strong> A French court sentenced Dominique P\u00e9licot \u2014 who was found guilty of drugging and assaulting his wife with strangers for several years \u2014 to 20 years in prison. Another 46 defendants in the case were also found guilty of rape, while two were guilty of attempted rape. Two others were charged with [redacted] assault. The story got ink from Reuters<\/a> and the Financial Times<\/a>. <\/p>\n

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