"The Stunning Discovery of Egypt's Largest Gold Mountain: A Miracle for the Nation's Economy"

The biggest treasure crosses Egypt. The story of finding the biggest mountain of gold saves the economy at once

 High prices and successive complaints about the lack of control of market conditions coinciding with the high cost of imports and fears of the decline of the pound again. Egyptians are suddenly squeezed on a mountain of gold that rebalances the economy. So what happened?

The balance of the Central Bank of Egypt is on the verge of a new increase in the reserves of the yellow metal after a new disclosure that will restore balance to the Egyptian economy. And may exceed what is needed to be achieved

In the heart of the Eastern Desert, exploration has made a new discovery that enables Egypt to raise its gold reserves. and positively affect the economy to take more decisive action

For that matter. It is the Jabal Iqat mine in the Eastern Desert, which can reach satisfactory levels of gold production rates, supporting the Central Bank of Egypt with about two hundred kilograms

of gold per month.

In practice, the Egyptian pound, with the support of Egyptian gold reserves in this quantity, is waiting for more support, which will strengthen the position of the local currency. This guarantees them more purchasing power against the dollar. The discovery of Mount Ayqat is consistent with the wealth of

The major gold mines to be added to at a very sensitive time. And in conjunction with a global economy in which countries hide and others appear

In front of the vicissitudes of events and successive international conflicts. Egypt has a large gold reserve. Some of them are found in the Atoud area in the Eastern Desert as well, which contains quantities of the yellow metal. The sources of Egypt's wealth of gold are not limited to those areas

Only in the Eastern Desert. It also has the Golden Triangle area and the Hanash area, which exploration and exploration operations confirm that they are rich and promising areas.

Egypt is also unique in the Wadi al-Iraqi and al-Baraniya region, which is rich in the yellow metal. This is in addition to owning more than a hundred statistics suitable for exploration for going. It is estimated that they are promising areas

The quantities of gold in those areas are sufficient to cover the costs of exploration, exploration, extraction and manufacturing. In front of the mine of Jabal Iqat it was decided that the operations of extracting gold from it will be done through Shalatin Company

With the procedures of localization of extraction operations. The selection of a national extraction company also supports the Egyptian economy. The state does not have to enter a foreign partner

It raises the cost of extraction and reduces the expected return from gold extraction. Since the extraction of gold ensures the strengthening of the value of the Egyptian pound, the expansion of exploration operations is expected to lead to an expected takeover.

Price rates. But provided that the supervisory grip is tightened on the various markets, especially

the markets of food commodities