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Top 5 Gold Consumers in MENA in Q1 2025
Updated 5/7/2025 9:01:00 PM
Egypt’s Local Gold Prices Continue Doubling
Updated 3/25/2025 9:57:00 AM
World’s Largest Gold Consumers in Q3 2024
Updated 11/3/2024 11:24:00 AM
Gold Reserves in Arab Central Banks
Updated 9/5/2024 9:53:00 AM
Gold investment funds in Egypt attract 108,808 applicants until end-April
The number of Egyptian citizens who applied to invest in the country’s two gold investment funds has reached 108,808 at the end of April 2024, according to a report submitted by the Financial Regulatory Authority’s (FRA) Chairman Mohamed Farid to Prime Minister Mostafa Madbouly.
Updated 6/4/2024 12:32:00 PM
Evolve to launch gold fund for NBE’s subsidiary by end-May
Evolve Investment Holding is planning to launch a gold investment fund for a subsidiary of the National Bank of Egypt (NBE) by end-May.
Updated 4/22/2024 2:15:00 AM
Local Gold Prices Hit Unprecedented Levels (EGP)
Updated 11/16/2023 1:51:00 PM
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
Egypt’s 1st Gold Fund Ends Initial Subscription
Updated 6/16/2023 11:00:00 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