On the sidelines of his visit to Kuwait to attend the meetings of the Organization of Arab Petroleum Exporting Countries (OAPEC)  Karim Badawi, Minister of Petroleum and Mineral Resources, met with Loay Jassim Al-Kharafi, Chairman of the Egyptian-Kuwaiti Holding Company (EKH) to explore new investment opportunities for the company in Egypt. Among these opportunities are:  cooperation in upgrading refineries, natural gas processing, LPG and condensate projects, and petrochemical expansions.

Also, opportunities for the EKH  to participate in green hydrogen, green ammonia, and renewable energy projects were discussed.

The meeting focused on strengthening cooperation and leveraging EKH’s diversified portfolio in Egypt, which spans energy, natural gas, fertilizers, petrochemicals, and other key economic sectors, a statement by the Ministry of Petroleum and Mineral Resources noted.

The talks covered investment prospects in Egypt’s mining sector, particularly gold, copper, phosphate, and other strategic minerals. Opportunities to establish projects in downstream manufacturing industries, including fertilizers, metal manufacturing, and industrial zones, were also hiighlighted.

EKH has long-standing investments in Egypt across energy, natural gas distribution, fertilizers, and petrochemicals, contributing to industrial growth, job creation, and strengthening Egyptian-Kuwaiti economic ties.