Sisi opens Egypt Mining Forum pledging support for private investment

President Abdel Fattah al-Sisi opened the fifth Egypt Mining Forum, pledging state support for mining companies and businessmen.

• Sisi said the state is committed to supporting company and businessman investments to strengthen the national economy.
• Petroleum Minister Karim Badawi presented a package of legislative and institutional reforms to develop the mining sector.
• Ministry spokesman Mahmoud Naji said the Mineral Wealth Authority was converted into an economic body to speed investor licensing.
• Energy professor Gamal El-Quliyobi said Egypt completed a digital map identifying 18 minerals, including six major ores.