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Madbouly follows up on efforts to boost gold investment

Businessmen Team news 20 July 2025 09:07 PM
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Madbouly follows up on efforts to boost gold investment

Prime Minister Moustafa Madbouly chaired a meeting on Sunday at the government headquarters in New Alamein City to follow up on efforts to boost investment in the gold sector.

The meeting was attended by Minister of Investment and Foreign Trade, Engineer Hassan El-Khatib.

Madbouly reaffirmed the state’s strong interest in the mining sector, pointing to Egypt’s vast potential and rich natural resources. He stressed the importance of supporting investment in this key sector, particularly gold, by offering additional incentives and supportive measures to attract investors and increase the sector’s contribution to the national economy.

The Prime Minister also highlighted the need to keep pace with global developments in gold investment tools and to adopt international standards to facilitate integration into global economic blocs that produce and export gold. He also emphasized the crucial role of gold investment funds in providing a secure and accessible investment environment. These funds offer a wide range of options for different segments of society and help meet growing demand for investment in this precious metal.

El-Khatib presented several proposals aimed at aligning Egypt with leading international standards, specifications, and regulatory frameworks in the gold mining and investment sector.