1 Day
Source:
المصري اليوم
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Oil Industry Leader
The Minister of Petroleum and Mineral Resources, Engineer Kareem Badawi, emphasizes that improving the utilization of mineral resources and achieving genuine economic development require precise exploration and surveying of mineral deposits through aerial surveys, with the aim of increasing the contribution of the mineral wealth sector from 1% to 6% of the Gross Domestic Product. He also highlights the importance of achieving stability in petroleum products and localizing the energy industry in Egypt by attracting foreign investments, which depends on settling overdue payments and creating a secure investment environment. His success in clearing outstanding dues and accelerating plans boosts confidence and motivates action. He expresses optimism as an energy source and sees it as a driver for further achievements in the energy sector.
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