Egyptian Prime Minister Dr. Mostafa Madbouli has issued a decree declaring Thursday, October 8, 2026, as a public holiday with pay for employees in government ministries, public services, public administration units, and local administration units, as well as public and private sector companies. This decision was made to commemorate Armed Forces Day, which is typically celebrated on October 6.
The decision to move the holiday to October 8 was made to coincide with the celebration of Armed Forces Day. On the same day, Dr. Madbouli chaired a roundtable discussion at the Egyptian government's headquarters in the new capital, titled "From Discovery to Industrial Development: Building Investor Confidence through the Mining Sector Value Chain." The discussion was part of the fifth edition of the Egypt Mining Forum 2026.
The forum, which began under the patronage of Egyptian President Abdel Fattah El-Sisi, aims to explore ways to develop Egypt's mining sector and attract investments. The roundtable discussion included several high-ranking officials, such as Electricity and Renewable Energy Minister Mahmoud Esmat, Petroleum and Mineral Resources Minister Karim Badawi, and Industry Minister Khaled Hashim.
During the discussion, Dr. Madbouli emphasized the government's efforts to improve the business climate and encourage investments in the mining sector. He noted that the sector is entering a new phase, with the government focusing on addressing structural issues that have hindered investments in the past. The Prime Minister also highlighted the importance of cooperation between the government and private sector companies.
Minister Badawi stressed that developing the mining sector is not just about exploiting mineral resources but also about creating real mineral wealth that adds value and benefits all parties. He emphasized the need for global partnerships to develop the sector and noted that he has met with representatives of companies from around the world to discuss cooperation opportunities.
The discussion also touched on the importance of infrastructure in supporting the mining sector, including energy supply. Electricity and Renewable Energy Minister Mahmoud Esmat assured that the government is working to provide electricity for investment projects, exploring suitable solutions based on each project's nature and requirements.
The Egypt Mining Forum 2026 aims to unlock Egypt's exploration potential and promote investment in the mining sector. The forum provides a platform for discussion and cooperation between government officials, investors, and industry experts to develop Egypt's mining sector and create new opportunities for economic growth.
Key points
- Egypt's Prime Minister declares October 8 a public holiday to celebrate Armed Forces Day.
- The government is working to develop Egypt's mining sector and attract investments.
- The sector's development is crucial for creating jobs and boosting economic growth.
