On September 28, 2026, President Abdel Fattah El-Sisi inaugurated the 2026 Egypt Mining Forum in the new capital, Egypt. The event, organized by the Ministry of Petroleum and Mineral Resources, brings together ministers, officials, and major mining companies and investors from around the world. The forum aims to promote investment opportunities in the Egyptian mining sector and announce the results of new mining opportunities.
The forum, held under the slogan "Unlocking Egypt's Exploration Potential and the Nubian Arab Shield," is the largest event of its kind in Egyptian history. It seeks to support the state's strategy to maximize the value added to its natural resources and attract foreign investment. The event features a keynote speech by Minister of Petroleum and Mineral Resources Karim Badawi, as well as addresses by heads of major global mining companies and organizations.
Minister Badawi emphasized that the forum represents an international platform to review promising investment opportunities in the Egyptian mining sector. He highlighted the reforms and measures implemented under President El-Sisi's directives to create a more attractive investment climate for mineral exploration and exploitation. These measures aim to encourage the establishment of industries that maximize the value added to mineral resources and support job creation and exports.
On the sidelines of the forum, President El-Sisi met with Alberto Calderon, CEO of AngloGold Ashanti. The meeting was attended by Prime Minister Mostafa Madbouly, Minister Badawi, and other officials from the company. The President emphasized the importance of the strategic partnership with AngloGold Ashanti, which operates the Sukari gold mine. He expressed his appreciation for the company's investments in Egypt and his desire to enhance cooperation in the mining sector.
During the meeting, Calderon praised the ongoing support provided by the Egyptian government to AngloGold Ashanti. He reviewed the company's investments in Egypt and globally, highlighting that Egypt is a priority destination for the company's investments. Calderon also announced plans to inject more investments into promising mining sites in Egypt, aiming to enhance the discovery and development of new projects.
The meeting also discussed ways to expand exploration programs implemented by AngloGold Ashanti in Egypt, particularly in gold mining. President El-Sisi stressed the government's commitment to providing all necessary facilities to support the company's activities and facilitate its work. This is part of Egypt's strategy to expand the mining sector and maximize its contribution to the national economy.
The 2026 Egypt Mining Forum provides a platform for stakeholders to discuss the sector's challenges and opportunities. The event is expected to attract significant investments and promote Egypt's mining industry globally. Key outcomes of the forum are expected to shape the future of Egypt's mining sector and contribute to the country's economic growth.
Key points
- President Abdel Fattah El-Sisi opens the 2026 Egypt Mining Forum to promote investment opportunities in the sector.
- The forum aims to support Egypt's strategy to maximize the value added to its natural resources and attract foreign investment.
- AngloGold Ashanti plans to inject more investments into promising mining sites in Egypt.
