Cairo: In the context of the Egypt Mining Forum 2025, Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, held a meeting with Engineer Khalid bin Saleh Al-Mudaifer, Deputy Minister of Industry and Mineral Resources for Mining in the Kingdom of Saudi Arabia, and the accompanying delegation. The aim was to discuss ways to enhance joint cooperation between the two countries in the mining sector and to promote sustainable development that serves the economic interests of the two brotherly nations.According to State Information Service Egypt, during the meeting, Minister Karim Badawy reviewed the steps taken to develop the Egyptian mining sector, emphasizing the ministry's efforts to create an attractive investment environment based on clear legislation and a competitive climate. He highlighted several strategic projects, foremost among them the phosphoric acid project, which reflects the direction towards maximizing the added value from mineral resources.The minister also praised the internati onal mining conference organized by the Kingdom of Saudi Arabia, confirming the potential to benefit from Saudi Arabia's successful experiences in this field, and pointed to the promising resources in southern Egypt, where work is underway to identify the necessary seismic research to enhance exploration and investment opportunities.For his part, Engineer Khalid Al-Mudaifer expressed his happiness to participate in the Egypt Mining Forum, commending the significant turnout and interest the forum has received from various stakeholders in the sector. He asserted that there are substantial shared potentials between Egypt and Saudi Arabia in the mining field, and that the geographical proximity of the two countries provides greater opportunities for integration and cooperation with international partners.Al-Mudaifer also praised the serious steps Egypt is taking towards developing the mining sector, noting that the Red Sea region represents a promising investment opportunity that could contribute to attractin g global investments and enhancing bilateral cooperation.
Egypt and Saudi Arabia Explore Mining Sector Collaboration
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