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Egypt's Minister of Petroleum and Mineral Resources, Karim Badawy, revealed details of the strategy for developing the mining sector in Egypt, which includes a package of modern legislative and institutional reforms. The strategy aims to optimize the utilization of mineral resources and improve the investment environment in the sector, with a focus on updating the legal framework and enhancing the institutional environment to attract more local and foreign investments. This move is part of the government's efforts to promote economic diversification and develop the mining sector, with the goal of increasing the gross domestic product and creating new job opportunities in Egypt.
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