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اليوم السابع
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اليوم السابع

2026-11-14T12:00:00.000Z

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Formalizing Southern Gold

Formalizing Southern Gold

MP Ayman Mohseb said that formalizing the status of informal gold miners in southern Egypt and integrating them into the formal economy could turn gold into a source of added value, boost state revenues, and provide workers and their families with legal protection and economic opportunities. The initiative, coordinated by the Union of Egyptian Tribes and Families, the relevant authorities, and the Future of Egypt Authority, includes establishing a specialized entity to regulate prospecting, extraction, and trading under official oversight. Mohseb called for clear licensing rules and designated work areas, alongside safety standards, environmental requirements, and streamlined procedures. He stressed the need to address the cases of those in detention in accordance with the law.

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