On the sidelines of his participation in BEBA, the Minister of Petroleum and Mineral Resources karim Badawi held a meeting with Khalid Al-Mudaifer, the Vice-Minister for Mining Affairs of Saudi Arabia's Ministry of Industry and Mineral Resources and the CEO of Maaden Company, during which Saudi side show a great desire to establish a partnership with the Egyptian side in the mining sector.
The meeting witnessed the initialing of the framework agreement, which allows Barrick Gold to invest in Egypt by obtaining concession areas to exploit gold upon completing all necessary approvals and procedures under the provisions of the law.
The Minister of Petroleum and Mineral Resources Karim Badawi witnessed signing of the draft agreement with the initial letters for the gold exploration, during his meeting with the AngloGold Ashanti Company’s officials on the sidelines of BEBA event.
The Ministry of Petroleum and Mineral Resources (MoPMR) and Aton Resources Inc. signed a letter of intent (LOI) to study amending the concession agreement issued to the company to allow it to increase its investments within the concession areas, which maximizes the return to Egypt.
The Minister of Petroleum and Mineral Resources Karim Badawi has issued a decision to assign six graduates from the young and middle management program to take over the assistants’ tasks for the leaders and chairman of Egyptian Mineral Resources Authority (EMRA).
The Chairman of Petromaint Company Ibrahim Motawea has received ISO-26000 Certification for social responsibility by TUV company.
The Prime Minister explained that in addition to the important projects implemented by the company in the Egyptian market over the years, the company has an ambitious plan to explore oil and gas from six concession areas in Egypt, which gives us confidence and hope in achieving more discoveries in the coming period.
Minister of Petroleum and Mineral Resources Karim Badawi along with his Jordanian counterpart Saleh Al-Kharabsheh witnessed the signature of an agreement aiming to maximize the capitalization on Egyptian infrastructure to receive the exported liquified natural gas (LNG) to serve the Jordanian side.
Egyptian President Abdel Fattah El-Sisi met with Murray Auchincloss, CEO of bp, in the presence of Karim Badawi, Minister of Petroleum and Mineral Resources, and Nader Zaki, the company's regional president for the Middle East and North Africa.
The Minister of Petroleum and Mineral Resources Karim Badawi witnessed the graduation of the first batch from Zohr School for Applied Technologies at Port Said in attendance of the Minister of Education and Technical Education Mohamed Abdel Latif, Port Said Governor Moheb Habashi and the Italian Ambassador to Cairo Michele Quaroni in addition to number of officials.
