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Egypt’s 1st gold investment fund raises EGP 200M since launch

Egypt’s first gold investment fund has raised up to EGP 200 million from 32,000 investors since launch.

Updated 8/7/2023 3:50:00 AM
FRA grants licence to 1st gold investment fund in Egypt

The FRA’s approval comes in line with the recent hike in gold prices, with the price of the 21-karat gold rising by 58% since the beginning of the year and by over 167% in 12 months to register EGP 2,600 per gram.

Updated 5/1/2023 11:59:00 AM