Madbouly chairs mining roundtable, pledges incentives to speed investment

Egyptian Prime Minister Mostafa Madbouly chaired a roundtable with investors on mining development, pledging incentives and partnerships to accelerate production.

• Madbouly chaired the roundtable "From Discovery to Industrial Development" at the cabinet headquarters, part of the Egypt Mining Forum 2026 under President Abdel Fattah al-Sisi's patronage.
• Madbouly said the government will offer incentives, facilities, and partnerships to accelerate reaching the production stage, prioritizing the conversion of forum outcomes into actual projects.
• Petroleum Minister Karim Badawi said Egypt could leverage its processing capacities to become a regional hub for processing minerals from other African countries.
• Electricity Minister Mahmoud Esmat said the government will secure power for mining projects, using renewable sources and storage solutions.