In recent hours, Banker has monitored a number of files on the local and international scene, which were published through its various platforms, the most prominent of which are: A record drop in poultry prices, a major bank temporarily suspending its services, and a huge jump in gold.
We begin with news that concerns all Egyptians… because the prices of poultry and its products in Egypt fell at the end of November 2025 to their lowest level in about 3 years, and this is due to a large increase in supply.
The prices of poultry from the farm land reached their lowest level in 33 months, from the beginning of March 2023, and are now ranging between 52 and 59 pounds per kilo, depending on the weight. This means that they have fallen by more than 43 percent compared to the highest price recorded at the beginning of the year, which was 97 pounds per kilo.
As for eggs, they have also fallen to their lowest level for more than two and a half years, and the price of a plate of farm land is now between 105 and 110 pounds, which is about 33 percent less than the highest price recorded, which was above 160 pounds at the beginning of the year.
Of course, it is known that the price of poultry is 10 to 15 pounds more per kilo than the price of farm land in stores and sales outlets, and this same increase also appears in the price of a plate of eggs.
Egypt produces about one and a half billion fattening birds per year, and also more than 15 billion table eggs, according to data from the Poultry Producers Union.
We go to the Bank of Egypt, which announced that there is a technical malfunction currently affecting the provision of some banking services, and offered an official apology for the temporary malfunction.
Banque Misr said in a statement today that they are working to solve the problem as quickly as possible so that service can be fully restored to all customers, and they are sure that the work teams are making every effort to return things to normal.
It is worth noting that the net profits of Banque Misr, the second largest government bank in the country, increased by about 54 percent during 2024, reaching 81.3 billion pounds, compared to 52.8 billion in 2023.
Financial indicators also showed that the bank’s financial position increased by 41 percent last year, reaching 3.6 trillion pounds at the end of December 2024 instead of 2.5 trillion pounds in 2023, and exceeding the barrier of 4 trillion pounds in August 2025.
We go to Ihab Wassef, head of the Gold and Precious Metals Division at the Federation of Industries, who said that the gold market in Egypt witnessed a clear wave of rise last week, and this was reflected in the price of 21 carat, which rose by 3.31 percent, and reached 5625 pounds per gram instead of 5445 pounds at the beginning of the week, and recorded the highest level in two weeks at 5630 pounds.
Wassef explained that this positive performance was supported by the rise in global gold prices, which returned to approaching their highest levels in two weeks, and also with the gradual movement in the price of the dollar against the pound, and this gave an impetus to local pricing.
He added that local gold achieved gains of 270 pounds per gram in November, an increase of 5.2 percent, and this was mainly due to the rise of the ounce globally, especially since the exchange rate was stable for most of the month, and this made the local market more sensitive to international stock market movements.
We end with the exchange market.. The price of the dollar is stable today against the pound, according to the latest update from the Central Bank of Egypt, and recorded 47.85 pounds for purchase and 47.70 pounds for sale.
These are the dollar prices in the largest banks today:
At the National Bank of Egypt
47.55 to purchase
47.65 for sale
And at the Bank of Egypt
47.60 to purchase
47.70 for sale
And at the Bank of Cairo
47.55 to purchase
47.65 for sale
And at the Bank of Alexandria
47.50 to purchase
47.60 for sale
And in the Commercial International Bank CIB
47.55 to purchase
47.65 for sale
And at the Arab African International Bank
47.55 to purchase
47.65 for sale
And in Abu Dhabi Islamic Bank
47.67 to purchase
47.77 for sale
And in the Housing and Development Bank
47.53 to purchase
47.63 for sale
