President Abdel Fattah El-Sisi met with Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources Karim Badawi to review key files related to Egypt’s energy and mining sectors.

The meeting focused on the ministry’s efforts to advance Egypt’s strategy of becoming a regional hub for energy and gas trading. Discussions covered the progress of seismic surveys by land, air, and sea, as well as plans to expand oil and gas exploration both onshore and offshore. The talks  also included diversifying gas supply sources and offering incentives to exploration companies to strengthen Egypt’s attractiveness to global investors, according to the presidential Spokesperson, Ambassador Mohamed El-Shenawy

The President was briefed on the coordination between the petroleum and electricity ministries to secure gas supplies for the summer of 2026. He also reviewed developments in Egypt’s mining sector, including geological reserves and investment indicators.

Minister Badawi stated that Egypt will launch its first comprehensive aerial survey of mineral resources in 40 years during the first quarter of 2026, aiming to update geological data and establish a robust database to attract regional and international investment.

Badawi also briefed the president on the results of his participation in the fifth International Mining Conference held in Riyadh from January 13–15, where he highlighted Egypt’s legislative reforms to attract investors, global competitive models for gold and mineral exploitation, and new incentive packages designed to ease licensing procedures.

President El-Sisi directed continued commitment to settling dues owed to oil and gas companies operating in Egypt, stressing that honouring obligations will boost local production and encourage new field development. He emphasized intensifying exploration efforts, learning from successful projects, and expanding incentives for investors in oil, gas, and mining to increase output and meet Egypt’s growing consumption and development needs.