Cairo - Mubasher: The board members of Odin Investments approved the establishment of a multi-issue fund focused on investment in metals, with a capital of EGP 5 million.
The fund will be launched in partnership with Empire of Gold, according to a bourse filing.
Odin Investments will contribute 51% of the capital, while Empire of Gold will hold the remaining 49% in the joint venture (JV).
Meanwhile, the EGX-listed company will handle all incorporation procedures.
At its first meeting of 2026, the board authorized the chairman or the managing director to complete all procedures with the Financial Regulatory Authority (FRA) and other relevant authorities.