Egypt’s cabinet reviews plan of establishing city for gold industry

Egypt’s cabinet reviews plan of establishing city for gold industry

Egyptian gold jewelries - Egypt Today/ Samar Samir







CAIRO- 4 February 2021: In terms of carrying out President Abdel Fattah El Sisi's directives to establish a city for gold industry in Egypt, Prime Minister Mustafa Madbouli held a meeting on Thursday with a number of ministers to discuss the general plan of establishing the city.

 

On January 16, 2021, President Sisi directed the government to establish a full-fledged city for gold industry and trade in Egypt in accordance with cutting-edge technologies in this field to reflect the ancient Egyptian civilization in this fine craft industry.

 

The President directed the government to provide industry and production requirements to the city to be a hub for high-end exhibitions, training workers to refine their capabilities. He asked them to take into account the logistical aspects in terms of choosing the city's location to take advantage of the new road and