The fifth edition of the Egypt Mining Forum is set to commence on Monday in Egypt's New Capital. Organized by the Ministry of Petroleum and Mineral Resources, the two-day event, taking place on September 28 and 29, is touted as the largest since its inception. The forum's theme, "Unlocking Egypt's Exploration Potential and the Nubian Arab Shield," reflects the growing interest of investors in Egypt's mining sector.
The forum will feature an opening speech by Engineer Karim Badawi, Egypt's Minister of Petroleum and Mineral Resources. Several high-profile speakers, including heads of major global mining companies and organizations, will also deliver keynote addresses. The event has drawn significant investment interest from prominent Egyptian, Arab, and international mining companies, as well as ministers and officials from various Arab and African countries.
According to Minister Badawi, the forum serves as an international platform to showcase Egypt's promising investment opportunities in the mining sector. The event aims to promote Egypt's mineral wealth and the Nubian Arab Shield. Badawi highlighted the reforms and measures implemented under President Abdel Fattah El-Sisi's directives, which aim to create a more attractive investment climate for mineral exploration and exploitation.
These measures, Badawi added, mark a new phase in Egypt's mining sector, enhancing its ability to attract investments and develop exploration and production activities. This is reflected in the growing interest of global companies in Egypt's mining opportunities and the increased participation in the forum. On the second day, a roundtable discussion will be held, chaired by Prime Minister Dr. Mostafa Madbouly, to explore investment opportunities and foster partnerships with investors.
The roundtable discussion will focus on enhancing coordination among relevant authorities to attract necessary investments and maximize the benefits of Egypt's mineral resources. The forum will also announce the results of the first offering of mineral exploration and exploitation opportunities, which were made available by the Egyptian Mineral Resources Authority in June. This move is part of efforts to develop the allocation of mining areas and streamline the process of assigning them to investors.
Ahead of the forum, Minister Badawi will chair a high-level roundtable discussion of the African Mineral Strategy Group (AMSG). The meeting, attended by African mining ministers, officials, and investors, aims to discuss ways to strengthen cooperation and partnerships between governments and investors. The talks will focus on optimizing the use of mineral resources, accelerating growth in the mining sector, and creating an attractive investment climate.
The discussions will cover the development of mining activities, from exploration and production to the establishment of industries that maximize the value added of mineral resources. The mining sector plays a vital role in the economies of African countries, supporting development, attracting investments, and enhancing value chains linked to mineral resources. The forum is expected to provide a significant platform for Egypt to showcase its mining potential and attract investments.
Key points
- The fifth Egypt Mining Forum will take place in New Capital on September 28 and 29.
- The event aims to promote Egypt's mineral wealth and attract investments in the mining sector.
- The forum will feature a roundtable discussion chaired by Prime Minister Dr. Mostafa Madbouly to explore investment opportunities.
