Tag: Gold

Egyptian companies inject $8.1m investments in gold exploration sector

Akh Gold, a subsidiary of Altus Strategies, signed a $4.1m agreement with…

Mohamed Farag Mohamed Farag

Gold prices drop after 1-month high due to US inflation data

USD continues increasing against major currencies

Daily News Egypt Daily News Egypt

Egypt denies halting trade on gold amid fears of price hike

Pricing of gold in Egypt is subject to supply and demand mechanism

Daily News Egypt Daily News Egypt

Egyptian Tax Authority, FEDCOC sign protocol to define procedural rules for collecting tax on gold, precious stones

Abdel Kader pointed out that signing this protocol comes within the authority’s…

Daily News Egypt Daily News Egypt

Egypt’s Al-Sisi ratifies seven laws allowing Petroleum Ministry to search for gold in Eastern Desert

This includes research and exploitation of these minerals in the area of…

Bassant Mohammed Bassant Mohammed

Egypt signs 4 gold exploration contracts in Eastern Desert, with $17m investments

This sector has plenty of ingredients for success that would not have…

Daily News Egypt Daily News Egypt

Egypt’s gold reserves climb $281m in May: CBE

Net international reserves increase to $40.468bn in May

Hossam Mounir Hossam Mounir

Egypt’s gold reserves climb $194m during April: CBE

Net international reserves increase to $40.343bn in April

Hossam Mounir Hossam Mounir

Egypt to establish 120-feddan Gold City with EGP 20bn investments

Project will depend on private sector funding, partnerships: Assistant Supply Minister

Shaimaa Al-Aees Shaimaa Al-Aees

Altus Strategies granted licence for gold exploration in Egypt’s Eastern Desert

Deal reflects company’s deep belief in investment opportunities available in Egypt: CEO…

Daily News Egypt Daily News Egypt