The Egyptian Ministry of Petroleum and Mineral Resources announced that the forum will take place on September 28-29, with the theme "Unlocking Egypt's Exploration Potential and the Arabian-Nubian Shield." The event will bring together major global mining companies, ministers, and officials from Arab and African countries. The forum aims to showcase Egypt's mining potential and discuss investment opportunities in the sector.
The forum will feature the announcement of the results of the first offering of mining concessions under the open sector system, as well as discussions on investment opportunities. Minister of Petroleum and Mineral Resources, Karim Badawi, emphasized that the forum represents an international platform to review Egypt's mining capabilities, and that recent reforms aim to create an attractive investment climate for exploration and mining activities.
Badawi added that the second day of the forum will feature a roundtable discussion, chaired by Prime Minister Mostafa Madbouli, with major investors to enhance partnerships and explore available opportunities. The forum will also witness the announcement of the results of investment opportunities provided by the Egyptian Mineral Resources Authority in June for gold, phosphate, talc, and kaolin exploration.
The Ministry of Petroleum and Mineral Resources stated that the forum comes within the framework of implementing the state's strategy to maximize the value added from mineral wealth. The strategy includes developing the mining sector, increasing its contribution to the national economy, and attracting investments. The forum is expected to provide a platform for discussion and cooperation between the government, investors, and experts in the mining sector.
On the sidelines of the forum, a meeting of the African Minerals Strategy Group will be held, with the participation of African ministers and officials, as well as investors, to discuss enhancing cooperation and ensuring the optimal exploitation of mineral resources on the continent. The meeting aims to accelerate the pace of growth and development in Africa through the optimal use of its mineral resources.
The Egyptian government has been working to develop the mining sector, with a focus on attracting investments and maximizing the value added from mineral resources. The sector is considered one of the most important sectors that can contribute to achieving sustainable economic growth and development. The government has taken several steps to improve the investment climate in the sector, including simplifying procedures and offering incentives.
The Egypt Mining Forum is an annual event that aims to promote Egypt's mining sector and attract investments. The forum provides a platform for discussion and cooperation between the government, investors, and experts in the mining sector. The event is expected to have a significant impact on the development of the sector and the Egyptian economy as a whole.
Key points
- The forum will feature a roundtable discussion, chaired by Prime Minister Mostafa Madbouli, with major investors to enhance partnerships and explore available opportunities.
- The event will bring together major global mining companies, ministers, and officials from Arab and African countries.
- The forum aims to showcase Egypt's mining potential and discuss investment opportunities in the sector.
