Egypt's gold export poised to grow amid economic challenges: industry insiders


  • World
  • Wednesday, 18 Dec 2024

CAIRO, Dec. 17 (Xinhua) -- Industry insiders from Egypt's gold export sector said there is still considerable potential to further develop the country's gold industry and predicted continued growth in gold exports.

Mamdouh Abdullah, board chairman of Kirmena Jewelry Company, said on the sidelines of the 4th International Nebu Expo for Gold and Jewelry, which concluded on Tuesday in Cairo, that the Egyptian government's decision to cancel valuation fees on gold jewelry exports in 2023 has helped facilitate gold exports, noting that there is still significant potential to further develop the gold industry.

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