Arab Finance: Odin Investments' board of directors has approved the establishment of a multi-issue fund for investments in metals, according to a disclosure to the Egyptian Exchange (EGX) on January 21st.
The fund will be launched in partnership with Empire of Gold, with a total capital of EGP 5 million.
Under the approved structure, Odin Investments will contribute 51% of the capital and handle all establishment procedures, while Empire of Gold will contribute the remaining 49%.