Egypt's Prime Minister Moustafa Madbouly underscored the state's commitment to supporting the mining sector, particularly gold, as part of a broader strategy to capitalise on Egypt's mineral wealth, as per an official statement. During a meeting held with the Minister of Investment and Foreign Trade, Madbouly highlighted the government's intention to expand incentives and facilitations to attract more investors and enhance the sector's contribution to the national economy. He also stressed the need to align with global developments in gold investment tools and to adopt international standards to integrate into key gold-producing and exporting economic blocs. Hassan El-Khatib, Minister of Investment and Foreign Trade, presented a series of proposals to enhance Egypt's competitiveness in gold mining and investment, enabling it to align with leading global practices and regulatory frameworks. Madbouly pointed to the pivotal role of gold investment funds in offering a safe investment environment and diversifying options for all segments of society, helping meet growing demand for exposure to the precious metal. Attribution: Amwal Al Ghad English Subediting: M. S. Salama
