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Egypt says it ranks third in growth of gold reserves

Section: Daily Dispatches

By Al-Masry Al-Youm
Egypt Independent, Cairo
Saturday, February 11, 2023

The adviser to the minister of supply and internal trade for gold industry affairs, Nagy Farag, announced Friday that Egypt ranks third globally in the growth of gold reserves.

He specified that Egypt does not rank third in total gold reserves but in terms of the strategic growth of its reserves.

... Dispatch continues below ...


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Speaking to al-Hadath al-Youm channel, Farag explained that Egypt's strategic gold reserves for 2022 increased by about 44.6 tons, to reach 125.5 tons. ...

... For the remainder of the report:

https://egyptindependent.com/egypt-ranks-3rd-globally-in-growth-of-gold-reserves-official/

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