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 opened with a session titled “Untapped Mining Opportunities and New Commercial Discoveries,” attended by representatives from about 30 European mining companies, banks, financial institutions, and advisory firms.
Badawi reviewed recent mining sector reforms, including legislative changes that transformed the Egyptian Mineral Resources Authority into an independent economic body. These reforms streamline licensing and approvals while introducing globally competitive investment frameworks for gold exploration and production.
The measures also include balanced financial and fiscal incentives to attract private sector investment, plus Egypt’s first airborne geophysical survey in 40 years. This survey maps mining potential and identifies critical and rare minerals essential for renewable energy technologies.
During his visit to Australia a week earlier, Badawi announced a mining investment incentives package to encourage mineral exploration. 
Badawi emphasized that these reforms build on Egypt’s geologically rich mineral landscape and robust national infrastructure, including roads, ports, airports, and logistic networks developed over the past decade to support mining operations and ensure a diversified energy supply.
