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Egyptian FM holds calls with Iranian counterpart , U.S. Envoy on regional developmentsZverev into French Open last-fourIsraeli fire kills four people in Gaza, medics sayEgypt, Singapore discuss expanding cooperation in tourism, antiquitiesAncelotti eases Neymar W. Cup fearsArab, Islamic states condemn Israeli actions at Al-AqsaSyria Hopes for Terrorism Delisting to Spur Economic RecoveryBenfica linked with Fulham’s SilvaVan der Breggen takes Giro leadKremlin: Saudi Arabia Named Guest of Honor at St. Petersburg Economic ForumTrump administration proposes 25% tariff to punish Brazil over trade practicesرياضة محلية‘Really cool to share this journey with her’: Michelle Wie West playing for her family at U.S. Women’s OpenArchaeological Replicas Showcase Saudi Arabia’s Rich History at Kuala Lumpur Int’l Book FairRenewable Energy Helps Red Sea Global Avoid 118,000 Tons of Carbon EmissionsLetter: Carol Rumens obituaryEngland v India: third and deciding women’s T20 cricket international – liveHealthVolunteers serve comfort food in a worrying Ebola outbreak – Sault Michigan NewsEconomyTrump signs AI executive order asking companies to give government early access to modelsVarietySouth West Water fined nearly £2million after supplying homes with parasite-ridden water that left four people in hospital – and telling people it was safe to drinkScience & TechYour car is following you – how to reclaim your data privacy on the open roadEgyptian FM holds calls with Iranian counterpart , U.S. Envoy on regional developmentsZverev into French Open last-fourIsraeli fire kills four people in Gaza, medics sayEgypt, Singapore discuss expanding cooperation in tourism, antiquitiesAncelotti eases Neymar W. Cup fearsArab, Islamic states condemn Israeli actions at Al-AqsaSyria Hopes for Terrorism Delisting to Spur Economic RecoveryBenfica linked with Fulham’s SilvaVan der Breggen takes Giro leadKremlin: Saudi Arabia Named Guest of Honor at St. Petersburg Economic ForumTrump administration proposes 25% tariff to punish Brazil over trade practicesرياضة محلية‘Really cool to share this journey with her’: Michelle Wie West playing for her family at U.S. Women’s OpenArchaeological Replicas Showcase Saudi Arabia’s Rich History at Kuala Lumpur Int’l Book FairRenewable Energy Helps Red Sea Global Avoid 118,000 Tons of Carbon EmissionsLetter: Carol Rumens obituaryEngland v India: third and deciding women’s T20 cricket international – liveHealthVolunteers serve comfort food in a worrying Ebola outbreak – Sault Michigan NewsEconomyTrump signs AI executive order asking companies to give government early access to modelsVarietySouth West Water fined nearly £2million after supplying homes with parasite-ridden water that left four people in hospital – and telling people it was safe to drinkScience & TechYour car is following you – how to reclaim your data privacy on the open road

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US dollar50.27EGPEuro58.14EGPBritish pound68.03EGPSaudi riyal13.41EGPUAE dirham13.69EGPKuwaiti dinar162.99EGPJordanian dinar70.91EGPQatari riyal13.81EGPTurkish lira1.05EGPChinese yuan7.44EGPGold 247,075.83EGP/gGold 216,191.35EGP/gGold 185,306.87EGP/gSilver104.78EGP/g

Science & Tech

China sales stable as European luxury brands tally first-quarter impact of Iran war

By SCMP — Tech · May 25, 2026 · 1 min read SCMP — Tech ↗

China sales stable as European luxury brands tally first-quarter impact of Iran war

Europe’s luxury sector is heading into the summer with divergent regional prospects: Middle East headwinds are deepening yet underlying momentum is quietly improving, with the American market holding firm and China stabilising.
The war in the Middle East was on everybody’s mind as major European luxury product groups wrapped up their first-quarter earnings season recently, wary that the conflict could derail what was expected to be a year of recovery.
Geneva-based Richemont, which on Friday…

المصدر: SCMP — Tech

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