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12:51
Monday 01 April 2019
I wrote – Shaima Hafsi:
Business man Najib Sawiris said on Monday that the gold market remains a promising investment opportunity for the coming period, as risks rise in the world.
"The price of gold is expected to increase significantly as global risks rise and interest rates fall," Sawiris said at the Habbi Economic Conference.
"We are not at the beginning," Sawiris said.
Sawiris noted that the strong investment opportunities in the mining sector available in Africa do not exceed 5% of Africa's mining potential.
He added that "the African market offers good investment opportunities, especially thanks to the existence of a clear and attractive mining law and that it is welcome for Egyptian investments".
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