News / Egypt

Egypt Discusses Mining Financing with EBRD, Deutsche Bank in London

Egypt advanced talks with the European Bank for Reconstruction and Development (EBRD) on financing an upcoming airborne geophysical survey and explored new financing avenues for mining projects during Minister of Petroleum and Mineral Resources Karim Badawi's visit to London. Badawi led the Egyptian-British business delegation as part of the Ministry's strategy to reduce investment risks and attract new partners, as per the ministry's statement. 

Badawi Pitches Egypt’s Mining Potential to Four International Companies

Karim Badawi, Minister of Petroleum and Mineral Resources, met four international mining executives during his London visit. The Minister reviewed development plans, progress, and reforms designed to create an attractive investment environment for Egypt's mining sector, according to the ministry's statement.

Badawi Showcases Mining Reforms, Incentives at London

Egypt is seeking partnerships with investors and financial institutions to unlock its untapped mineral wealth and boost the sector's contribution to the national economy, said Minister of Petroleum and Mineral Resources Karim Badawi during  the Egyptian-British business mission to London.The visit began with a session titled “Untapped Mining Opportunities and New Commercial Discoveries,” that gathered representatives of around 30 European mining companies, banks, financial institutions, and advisory firms.

Badawi, AngloGold Discuss Expanding investment, Training Cooperation

During an official visit to London as the head of the Egypt‑UK business mission for mining, Minister of Petroleum and Mineral Resources Karim Badawi held talks with Hoda Mansour, Managing Director and Vice Chairwoman of Sukari Gold Mines Company, representing global mining major AngloGold Ashanti.

Egypt, Nigeria Explore Deeper Mining Partnership

Egypt and Nigeria are exploring closer cooperation in the mining sector as part of their expanding bilateral partnership. During a meeting held on the sidelines of the Egypt‑United Kingdom (UK) Business Mission’s visit to London, Minister of Petroleum and Mineral Resources Karim Badawi discussed mining collaboration with Nigerian Minister of Solid Minerals Development Henry Dele Alake, as mentioned in the ministry's statement

PETROJET wins $273Mn EPC contract for Oman gas pipeline

PETROJET secures $273M contract for 193-kilometer natural gas pipeline in Oman as Egyptian energy firms expand cooperation on hydrogen and renewables. The contract was announced during a meeting between Karim Badawi, Minister of Petroleum and Mineral Resources, and Mansoor Ali Al-Abdali, Managing Director of OQ Gas Networks (OQGN), reinforcing growing cooperation on natural gas infrastructure projects between Egyptian and Omani partners.

Badawi Affirms Egypt’s Leadership in Energy Transition at Oman Hydrogen Summit

On the sidelines of the Oman Green Hydrogen Summit 2025, Karim Badawi, Minister of Petroleum and Mineral Resources, held a series of meetings aimed at strengthening the presence of Egyptian petroleum companies in Oman and expanding bilateral cooperation in green energy and major infrastructure projects.

Badawi Holds Meetings in Oman to Expand Green Energy, Infrastructure Cooperation

Egypt Targets 10mt/y of Green Hydrogen with New Investment Push

Egypt is currently developing incentive packages for investment in green hydrogen projects, positioning the country to play a pivotal role in the global hydrogen economy. The aim is to target around 8% of the global hydrogen market, with an estimated production of 10 million tons per year (t/y) in the coming decades. Minister of Petroleum and Mineral Resources Karim Badawi stated that during the opening ministerial session of the 4th Oman Green Hydrogen Summit.

Cabinet Affirms Commitment to Strategic Petroleum Reserves, Timely Payments to IOCs

Prime Minister Mostafa Madbouly held a meeting to review the availability of petroleum products' strategic reserves and payments to foreign partners in the petroleum sector. The meeting was attended by Hassan Abdallah, Governor of the Central Bank; Ahmed Kouchouk, Minister of Finance; and Karim Badawi, Minister of Petroleum and Mineral Resources.

Australian Investors Bet on Egypt’s Mining Potential

Egypt’s mining sector is attracting renewed investor attention due to the untapped potential, growing infrastructure, and regulatory reforms, according to a number of Australian company heads hosted by Petrocast, the podcast of the Ministry of Petroleum and Mineral Resources (MoPMR). The episode was recorded during Karim Badawi , Minister of Petroleum and Mineral Resources’s visit to Western Australia.

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