Glittering PROSPECTS

Egypt pitches ‘Golden Triangle’ mineral hub to lure new investors

The region in Egypt's southeastern desert contains some 2,000 tons of gold as well as large reserves of phosphates, limestone and glass sand

Ahmad Hasaballah/Getty Images

Egyptian Prime Minister Mostafa Madbouly

In a bid to attract fresh capital to Egypt’s underdeveloped southeastern desert, the government is preparing a list of investment opportunities in its “Golden Triangle” economic zone.

Prime Minister Mostafa Madbouly directed his cabinet ministers this week...