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المصري اليوم
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المصري اليوم

2026-09-28T15:39:14.000Z

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World Bank: Egypt can lead in critical minerals

World Bank: Egypt can lead in critical minerals

The activities of the Egypt Mining Forum 2026 witnessed widespread praise for the Egyptian reforms aimed at strengthening the mining sector. The discussion focused on promising opportunities in mineral exploitation and transforming Egypt into a regional hub for vital and strategic minerals. Officials emphasized that the reforms included updating mining laws and simplifying licensing procedures, supported by international institutions such as the World Bank, which pointed out that mining could serve as a key driver for diversifying and revitalizing the Egyptian economy. Participants also highlighted that Egypt possesses geological, human, and infrastructural potentials that enable it to make the most of its mineral resources. There is a plan to implement substantial investments in research and exploration over the coming years, which will support economic growth and elevate Egypt's position in the global minerals market, especially in gold and strategic minerals.

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