Egypt will host a new edition of the Egypt Mining Forum in the New Administrative Capital on 28–29 September under the patronage of President Abdel Fattah el-Sisi, as Cairo accelerates efforts to expand its mining sector and attract foreign investment beyond hydrocarbons.
Petroleum and Mineral Resources Minister Karim Badawi announced the event during a visit to the Sukari Gold Mine, one of the world’s largest gold mines, where officials highlighted recent regulatory and investment reforms aimed at improving Egypt’s competitiveness in global mining markets.
The government is seeking to raise mining’s contribution to GDP from around 1% to 6% through a combination of legal reforms, investment incentives and expanded exploration activity. Authorities recently transformed the Mineral Resources Authority into an independent economic entity and introduced updated mining frameworks based on international royalty and taxation standards.
Officials also confirmed plans to launch a digital mining investment portal designed to streamline licensing and investment procedures for international companies.
The reforms come as Egypt seeks to position itself as a regional mining and mineral processing hub at a time of rising global competition for strategic resources and gold investment flows.
The Sukari mine, operated in partnership with AngloGold Ashanti, now produces more than 500,000 ounces of gold annually. Company executives said Egypt’s improving regulatory environment and geological potential were key factors behind its investment expansion in the country.
