Evolve Azimut News Today

Egypt's first-ever gold investment fund will be run by Evolve Azimut, a joint venture between two private companies, Evolve Holding and Azimut Egypt.

Egypt’s Financial Regulatory Authority (FRA) announced on Sunday, 14 May, the launch of Egypt’s first gold investment fund. The launch comes within the FRA’s strategy to support the government’s efforts to enhance financial and investment inclusion. The fund will invest in 24-carat gold bars and issue investment certificates starting from EGP 10 (USD 0.32) that