A gold shipment weighing 569.890 kilograms arrived at the Cairo Airport's Cargo Village from the Sukari gold mine in Marsa Alam, run by the Centamin Company, on Wednesday. The gold is being transported abroad to be purified and sold at world bourses. The shipment arrived on board of Alkan Air flight amid tight security. The Centamin Company signed a contract with the Egyptian government in 2004 whereby it was granted the right to exploit the mine for 30 years. Also, under the agreement, the company, represented by an Egyptian citizen who holds an Australian nationality, owns 50\% of the total amount of gold excavated, while Egypt owns the remaining 50\%.
GMT 13:21 2018 Thursday ,06 December
China demands Canada release Huawei's chief financial officerGMT 16:21 2018 Monday ,12 November
EU-Egypt partnership agreement to be fully applied in 2019GMT 18:24 2018 Tuesday ,23 January
French court throws out tax fraud case against JP MorganGMT 16:09 2018 Tuesday ,16 January
Strikes as Greece adopts industrial action revampGMT 14:08 2018 Friday ,12 January
Time over money? German union champions 28-hour work weekGMT 13:27 2018 Tuesday ,09 January
German metalworkers start strikes for 28-hour weekGMT 14:49 2018 Friday ,05 January
Lithuanian doctors rally for pay rise to halt exodusGMT 09:03 2017 Friday ,29 December
Watchdog slams Lufthansa over 'algorithm' price hikesMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor