During the meeting, Engineer Karim Badawy outlined the Ministry's six core strategic pillars, highlighting the wealth of investment opportunities across all petroleum activities and the burgeoning mining sector. He emphasized that the rebranding of the Mineral Resources Authority as the "Mineral Resources and Mining Industries Authority"—now an economic entity—marks a significant leap forward. This transformation will boost the Authority's efficiency in working with both the government and investors, actively attracting foreign and local investments to the mining sector. The goal is to establish Egypt as a regional hub for complementary mining industries, adding value to both existing Egyptian mineral resources and raw materials from African nations. Badawy also reaffirmed the Ministry's commitment to private sector involvement in these areas, ensuring mutual benefit for all stakeholders.
Engineer Ahmed El Sewedy conveyed the group's interest in investing
in mineral resources like phosphate and kaolin. Their aim is to establish transformative
industries that add significant value to these resources. He highlighted that
El Sewedy Group operates in over 40 countries and is keen to expand its
investments in Egypt, specifically in mining, green energy, exploration and
prospecting services, and the petrochemical industry.
The meeting was attended by Dr. Samir Rasslan, Undersecretary for Exploration and Agreements; Geologist Yasser Ramadan, Head of the Egyptian General Authority for Mineral Resources; and Dr. Mohamed Radwan, Director of Egypt's Digital Exploration Gateway and Vice President of South Valley Egyptian Petroleum Holding Company for Agreements and Exploration.