Dr. Ziyaa El-Hilmy, a member of the Economic Committee of the Egyptian Council for Foreign Affairs, stated that the recent Egypt Mining Forum 2026 witnessed President Abdel Fattah El-Sisi reaffirming the state's commitment to facilitating investments for companies and businessmen in the mining sector. The government's efforts aim to attract Arab and foreign investments, with numbers serving as a clear indicator of success.

El-Hilmy highlighted that the government's facilitation for global companies interested in investing in Egypt is substantial and impactful. These efforts, directed by President El-Sisi, focus on showcasing Egypt's economic and political stability, making it an attractive investment opportunity. The President emphasized Egypt's readiness to engage in partnerships with major global companies, particularly in the mining sector.

The Egypt Mining Forum, now in its fifth consecutive year, saw President El-Sisi express his desire to elevate the existing partnership with AngloGold Ashanti from a mere operational partnership at the Sukari mine to a more comprehensive strategic partnership. This partnership would encompass the discovery and development of new projects, similar to the Sukari mine. El-Hilmy noted that the Sukari mine represents a significant success for Egypt's mining sector, with promising opportunities and potential for other mines to follow suit.

AngloGold Ashanti, a global company with extensive experience and credibility in the mining sector, has expressed its appreciation for the cooperation and investment opportunities in Egypt. The company's positive stance on investing in Egypt is a testament to the country's growing appeal as an investment destination. El-Hilmy's statements were made during an interview on the "Behind the Event" program, broadcast on the Public Program Network.

The "Behind the Event" program, presented by media personality Hala Fekri, provides in-depth analysis and insights on current events. The program is part of the Egyptian Radio and Television Union's efforts to provide comprehensive coverage of various topics. Egypt's mining sector has been gaining attention in recent years, with the government actively working to promote investments and partnerships in the industry.

President El-Sisi's emphasis on facilitating investments and partnerships in the mining sector aligns with Egypt's broader economic goals. The country's efforts to attract foreign investment and promote economic growth have been yielding positive results, with various sectors seeing significant growth and development. The mining sector, in particular, is poised for further growth and exploration.

The government's commitment to supporting the mining sector is evident in its efforts to streamline regulations and provide incentives for investors. These efforts aim to create a favorable business environment, encouraging companies to invest in Egypt's mining sector. With its rich natural resources and strategic location, Egypt is well-positioned to become a major player in the global mining industry.

Key points

  • The Egyptian government is actively working to facilitate investments and partnerships in the mining sector.
  • The Sukari mine has been a significant success for Egypt's mining sector, with promising opportunities for further growth and exploration.
  • AngloGold Ashanti has expressed its appreciation for the cooperation and investment opportunities in Egypt, highlighting the country's growing appeal as an investment destination.

Share this story

Written by

SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.