Egypt - Gold Era, a company that trades in gold and silver, plans to open a new factory in Cairo for producing gold bullion and jewellery, with an investment of about EGP 1bn, as part of its expansion plan in 2024. Luca added that Gold Era has several branches in Egypt, as well as two branches in the UAE and one branch in Saudi Arabia. Luca explained that Gold Era produced gold bullion and pounds in different weights and sizes, suitable for all investment portfolios, ranging from a quarter of a gram to a kilo. The director of Gold Era Egypt branches, Osama Zaraay, said that the company plans to open two new branches in Tanta and Mansoura next month, bringing the total number of its branches in Egypt to 10. The company works in the field of manufacturing, importing, and exporting gold bullion, gold coins, and gold jewellery.

Source: Daily News Egypt November 29, 2023 19:40 UTC