The Minister of Supply and Internal Trade, Dr. Ali Al-Moselhi, announced that the ministry, in cooperation with the General Division of Gold Jewelery in the General Federation of Chambers of Commerce, will hold the NEbU 2022 Gold and Jewelery Exhibition. During the period from February 19 to 21 with the participation of 25 to 30 major companies operating in the industry, and gold trade, in addition to the participation of leading local and international designers.

He explained during the press conference held today at the ministry that the exhibition is a real beginning to announce a new stage for the jewelry and silver industry in Egypt, to regain its leadership and its regional and international position on the map of the gold and jewelry industry, pointing out that in cooperation with the Commercial Representation Agency, work will be done to bring in an international buyers mission , who  interested in the gold industry in order to promote Egyptian products and support gold exports.

On the sidelines of the exhibition, Al-Moselhi added, a conference will be organized to shed light on the modern trends of jewelry designs and the history of stamps, and the most important problems and obstacles facing the industry will be discussed, and during the exhibition, the oldest makers and traders in the field of jewelry will be honored.

He pointed out that a company will soon be announced that will provide the precious metal for workshops, ensure the sales process, raise the efficiency of designs and develop them, as well as support small workshops and help them with marketing operations, in order to ensure raising the quality of products in this important industry.

Al-Moselhi stressed that it is the framework of the ministry’s strategy to support the gold industry in Egypt. The General Division for Gold and Jewelery will review the legal framework for a draft law for the industry next week, before submitting it to the Legislative Committee of the Council of Ministers.

With regard to the process of stamping gold jewelry by laser, Al-Moselhi said that we are in the experimental stages of the project, and the actual start will be done as soon as a strong hosting equipped center includes all data related to jewelry in Egypt and has technical capabilities and servers, that capable of accommodating all the artifacts, noting that 5 additional devices have been purchased so that there is no accumulation And a waiting list.

Al-Moselhi pointed out that the ministry, in cooperation with the General Division of Gold, will organize an exhibition for the products of small workshops during the coming period.

With regard to the establishment of the Gold City in the Administrative Capital, the Minister of Supply said that the city's consultants are currently setting the final points of the project, as directed by President Sisi, to show at the highest level to the World.