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Egypt: Gold ETFs Boost Financial Inclusion

Egypt: Gold ETFs Boost Financial Inclusion

The council explained in a statement that these funds aim to provide a safe investment environment and diverse savings opportunities that meet the needs of different segments of society, noting that they allow investors to purchase documents used to invest in gold via Banks And companies Licensed.

He pointed out that Investment funds in gold It offers advantages such as diversifying investment options, improving levels of financial inclusion, in addition to enhancing regulation and oversight of citizens’ investments in gold. He noted the World Gold Council’s praise of the Egyptian experience in transforming gold into an easy-to-trade investment tool.

The statement added that the investment funds achieved great achievements until August 2024 after the net assets of the “AZ-Gold” fund increased to 825.6 million pounds and the number of investors in it reached 131 thousand, while the net assets of the “Beltone Evolve“To 63.6 million pounds, and the net assets of the “Dahab” Fund to 35.8 million pounds.



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