Karim Badawi, Minister of Petroleum and Mineral Resources, called for transforming Africa’s mineral riches into integrated industries instead of raw material exports to drive employment and development. This came during a roundtable titled Africa: Unlocking Infrastructure Funding for Copper Belt Production at the Future Minerals Forum(FMF) in Riyadh.
Expanding investments of Norway's renewable energy giant Scatec in Egypt was thoroughly discussed during a meeting between Hassan El Khatib, Investment and Foreign Trade Minister, Norwegian Ambassador to Cairo Erik Husem, Scatec CEO Terje Pilskog, and European Investment Bank (EIB) Vice President, Gelsomina Vigliotti.
Mahmoud Esmat, Egypt’s Minister of Electricity and Renewable Energy, met with Saudi Arabia’s ACWA Power Country Development Director, Hassan Amin, to discuss means of enhancing cooperation and partnership in the fields of renewable energy and supporting the unified grid. The meeting comes as part of the national plan to add new solar and wind generation capacities to achieve energy security and a balanced mix. The plan also expands battery storage technologies to secure the grid and ensure a stable electricity supply
Esmat and Amin reviewed progress on Acwa Power's 1.1-gigawatt (GW) Zafarana wind power project, with the first phase of 550 megawatts (MW) scheduled to enter commercial operation by the end of this year, according to a statement by the Cabinet. Also, they discussed the company's future large-scale wind project south of Hurghada, with a total capacity exceeding 1.5 gigawatts (GW), that is currently in the phase of final feasibility studies and technical assessments before construction begins.
On the sidelines of his participation in the Future Minerals Forum (FMF) in Riyadh, Karim Badawi, Minister of Petroleum and Mineral Resources, held a series of meetings with senior executives of leading mining companies to explore opportunities for partnership and investment in Egypt.
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi participated in the 10th Consultative Meeting of Arab Mineral Resources miniters, held on the sidelines of the fifth edition of the Future Minerals Forum (FMF) in Riyadh, Saudi Arabia.
On the sidelines of the Future Minerals Forum (FMF) in Saudi Arabia, Minister of Petroleum and Mineral Resources, Karim Badawi, met with Mohsin Al-Hadhrami, Undersecretary of Oman’s Ministry of Energy and Minerals and Chairman of Petroleum Development Oman (PDO), to expand bilateral cooperation in the petroleum, natural gas, and mining sectors.
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, participated in a high-level roundtable meeting of mining ministers on the sidelines of the 5th edition of the Future Minerals Forum in Riyadh. The roundtable was chaired by Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar Al-Khorayef, and included around 70 senior officials from global organizations concerned with mining, investment, and development.
Badr Abdelatty, Minister of Foreign Affairs, Emigration, and Egyptian Expatriates met Tuesday with Terje Pilskog, CEO of Norwegian firm Scatec to strengthen economic cooperation between Egypt and Norway in renewables. Abdelatty stressed on boosting bilateral economic cooperation, building on the outcomes of President Abdel Fattah El-Sisi’s visit to Norway in December 2024.
Prime Minister Mostafa Madbouly has inaugurated the first phase of the Obelisk Solar Power Generation Project Nagaa Hammadi, Qena Governorate. The phase has a capacity of 500 megawatts (MW), in addition to 200 megawatt-hours (MWh) of battery energy storage systems (BESS). It is developed and constructed by Norway’s Scatec, with a total planned solar capacity of 1,000 MW.
Prime Minister Mostafa Madbouly has inaugurated a Chinese technology industrial complex dedicated to manufacturing components for renewable energy projects within the Suez Canal Economic Zone (SCZONE), according to a statement by the Cabinet.
Located inside the Tianjin Economic-Technological Development Area (TEDA) in Sokhna, the $116 million complex marks a strategic milestone in Egypt’s efforts to become a regional hub for green economy industries, aligning with Egypt's Vision 2030.
