Karim Badawi, Minister of Petroleum and Mineral Resources, affirmed that recent developments send a clear message that Egypt is ready to receive mining investments and is building a mining sector capable of competing globally, providing investors with the confidence to inject capital and implement large-scale, long-term projects. He noted that, as part of efforts to increase the mining sector’s contribution to national output, Egypt has recently implemented comprehensive reforms. This shift has been supported by upgrading geological data, facilitating investor access to it, and establishing mechanisms for continuous engagement with mining companies. He said these measures have translated into growing interest from major global mining firms, alongside increased exploration and prospecting activity across Egypt. Badawi also noted that Egypt will continue to accelerate fast-track exploration programmes, adopt advanced technologies, and build national capabilities in the field of critical minerals.

Source: Daily News Egypt January 14, 2026 18:21 UTC