Cairo / Istanbul — Egypt and Turkey are advancing cooperation across mining, energy, and renewables, in a move aimed at attracting investment and strengthening regional integration.
Talks led by Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi on the sidelines of the OECD Critical Minerals Forum focused on expanding partnerships with Turkish officials and private sector players, as Cairo seeks to position itself as a competitive destination for mining investment.
Egypt highlighted recent regulatory reforms designed to improve transparency and investor confidence, alongside its geographic advantage linking Africa, Europe, and Asia. Discussions with companies including OZ Minerals and Tüprag Mining underscored a strategic shift toward downstream processing and value-added industries, rather than raw material exports.
Gold sector potential featured prominently, with the Sukari Gold Mine cited as a scalable model. Egypt has been actively reforming its mining framework to attract international investors, with improved fiscal terms and exploration incentives noted by Reuters.
Energy cooperation was also a key pillar of discussions. Egypt reiterated its target of generating 42% of electricity from renewable sources by 2030, while engagements with Sanko Energy explored opportunities in renewables and emerging sectors such as hydrogen.
At the bilateral level, both sides discussed establishing joint working groups on mineral exploration, regulatory frameworks, and geological technologies, alongside potential collaboration in the Eastern Mediterranean gas sector to optimize infrastructure and enhance energy security.
The Middle East Observer notes that the expanding Egypt–Turkey cooperation reflects a broader convergence driven by rising demand for critical minerals, energy transition pressures, and supply chain security. As competition intensifies over resource control and value chains, partnerships that integrate extraction, processing, and energy infrastructure are becoming increasingly strategic.
