Mining
Hashem emphasized that the mining industry is a promising sector and a key priority for the ministry, aimed at attracting new investments, increasing value-added production, reducing import dependency, and boosting exports.
Descalzi said the investments, to be made in cooperation with the company’s partners, will focus on developing existing fields and carrying out further exploration work, the Presidency said in a statement.
Sisi emphasized Egypt’s commitment to honor these dues, which is essential to strengthening the state's credibility and reinforcing confidence in the country’s investment environment.
The Egyptian Armed Forces released Sunday a statement highlighting the smuggling attempts thwarted by Border Guards on all strategic fronts.
Egyptian Minister of Petroleum and Mineral Resources Eng. Karim Badawi held an expanded meeting with the executive leadership of the Egyptian Mineral Resources Authority.
The minister emphasized Egypt’s goal to transform its mining sector, noting its current contribution of approximately 1 percent to the national GDP
The Egyptian prime minister presented investment incentives to the Saudi Industry Minister.
Both sides also tackled means to boost joint cooperation in the domains of petroleum and gas.
The delegation of the Kazakh company, Qazaq Geophysics, which included Bekasil Okishev, General Manager of the company, and Dmitry Inkin, General Manager of Technical Affairs, in the presence of Ayrpolat Garvenbayauli, Counselor of the Embassy of Kazakhstan in Cairo.
The delegation of the Kazakh company, Qazaq Geophysics, which included Bekasil Okishev, General Manager of the company, and Dmitry Inkin, General Manager of Technical Affairs, in the presence of Ayrpolat Garvenbayauli, Counselor of the Embassy of Kazakhstan in Cairo.
This week, Egypt will be hosting Egypt Mining Forum 2023, with the goal of establishing a sustainable and low-carbon future.
It is the first of its kind in the world, as it carries out all the processing phases of the mineral. It is also the only quartz plant in Africa and the Middle East.
The President directed to continue working on optimally managing and utilizing Egypt's mineral wealth.
Egypt's Ambassador to Juba Moataz Mostafa Abdel Qader met earlier this week with South Sudanese Minister of Trade and Industry Kuol Athian.
It is located western Red Sea's Safaga town in the Eastern Desert.
Egyptian Minister of Petroleum Tariq el-Molla revealed that the country is planning to establish some industrial cities in the Eastern Desert and Sinai in order to achieve added value to the mineral resources, during the International Mining Conference in Saudi Arabia.
Currently, the company is working towards the target of producing 400,000 and 430,000 gold bars by the end of 2021.
In a similar context, the spokesperson added that the ministry had invited tenders for a gold mining opportunity in Egypt.
The meeting took up projects designed for joint action with the aim to best benefit from riches of both countries in light of promising investment opportunities, Molla said in statements.
Sisi highlighted the importance of this vision in helping the exploration of mineral resources nationwide.
