Egyptian President Abdel Fattah El-Sisi attended the opening of the fifth Egypt Mining Forum in the new capital on September 28, 2026. He was received by Prime Minister Mostafa Madbouly and Petroleum and Mineral Wealth Minister Karim Badawi. The forum brings together representatives from governments, international organizations, and major foreign companies operating in the mining sector.
The opening ceremony included a photo opportunity with the President and forum participants, followed by a tour of the Geological Museum's exhibits. A film titled "Egypt: From Past Gold to Future Mining" was screened, highlighting the country's mining potential. Minister Badawi and Alberto Calderon, CEO of AngloGold Ashanti, delivered speeches, emphasizing Egypt's commitment to creating a favorable investment climate.
The forum features a documentary about the Sukari mine and speeches from industry leaders, including Doug Horak, CEO of Australia-Africa Metals and Energy, and Rohit Dawan, President and CEO of the International Council on Mining and Metals. A film showcasing Egypt's open blocks for investment was also presented. The event aims to promote Egypt's mining sector and encourage foreign investment.
In his address, President El-Sisi emphasized the state's commitment to supporting investors and facilitating business operations in Egypt. He expressed his satisfaction with the forum's progress and highlighted the importance of the mining sector in Egypt's economic development. The President then toured the Egypt Mining Exhibition, inaugurating it by cutting a ribbon and inspecting various pavilions.
The forum, running from September 28-29, serves as a platform to showcase Egypt's mining potential and recent reforms aimed at attracting investment. The event also features the announcement of investment opportunities in gold, phosphate, talc, and kaolin, launched by the Egyptian Mineral Resources Authority in June. These initiatives aim to streamline concession procedures and accelerate project implementation.
The Egyptian government has been working to create a more favorable business environment, with a focus on the mining sector. The forum provides an opportunity for investors and industry experts to discuss challenges and opportunities in the sector. With its rich mineral resources, Egypt aims to increase its share in the global mining market.
The fifth Egypt Mining Forum is a significant event in the country's efforts to boost its mining sector. With the participation of prominent international companies and organizations, the forum is expected to generate interest in Egypt's mining opportunities and contribute to the country's economic growth.
Key points
- The forum aims to promote Egypt's mining sector and encourage foreign investment.
- President El-Sisi emphasized the state's commitment to supporting investors and facilitating business operations in Egypt.
- The event features the announcement of investment opportunities in gold, phosphate, talc, and kaolin.