Latest news with #KhalidbinSalehAl-Mudaifer
Daily News Egypt
17-07-2025
- Business
- Daily News Egypt
Minister of Petroleum discusses mining cooperation with Saudi Arabia
Karem Badawi, Minister of Petroleum and Mineral Resources, held a meeting with Khalid bin Saleh Al-Mudaifer, Saudi Arabia's Deputy Minister of Industry and Mineral Resources for Mining Affairs, and his accompanying delegation, to explore avenues for cooperation between the two countries in the mining sector and to promote sustainable development that serves their shared economic interests. During the meeting, Badawi reviewed recent steps to advance Egypt's mining sector, underlining the Ministry's efforts to create an attractive investment environment built on clear legislation and a competitive climate. He highlighted several strategic projects, foremost among them the phosphoric acid project, which reflects Egypt's commitment to maximising value added from its mineral resources. The Minister also praised Saudi Arabia's organisation of the International Mining Conference, expressing interest in learning from the Kingdom's successful experience in mining sector development. He pointed to the promising potential of southern Egypt, where preparations are underway to conduct seismic surveys to identify new exploration and investment opportunities. For his part, Khalid Al-Mudaifer expressed his pleasure at attending the Egypt Mining Forum, commending the strong turnout and the high level of engagement from industry stakeholders. He emphasised the significant shared potential between Egypt and Saudi Arabia in the mining field, noting that the geographical proximity of the two countries creates opportunities for greater integration and collaboration with international partners. Al-Mudaifer further praised Egypt's serious efforts to develop its mining sector, highlighting the Red Sea region as a promising destination capable of attracting global investment and strengthening bilateral cooperation.
Leaders
16-07-2025
- Business
- Leaders
Industry Vice Minister Emphasizes Regional Cooperation in Mining
At the fourth annual Egypt Mining Forum, held in Cairo on July 15–16, Eng. Khalid bin Saleh Al-Mudaifer, Vice Minister of Industry and Mineral Resources for Mining Affairs, highlighted the critical need to strengthen regional cooperation in the mining and minerals sector. Speaking during a panel titled 'Attracting Strategic Partners and Junior Exploration Companies to Drive Sustainable Growth in the Mining Sector,' Al-Mudaifer applauded Egypt's integration of mining with downstream industries. He emphasized the untapped opportunities in East Africa and West Asia, describing the region as one of the least explored but most promising globally. 'With the right vision and integration between mining and industry — as demonstrated by the Kingdom's experience — this region can deliver transformative development,' he said. Saudi Arabia's Mining Success Al-Mudaifer shared Saudi Arabia's progress in developing its mining industry. Since 2019, the number of exploration companies in the Kingdom has grown from six to over 132, with 60% being startups. He highlighted the role of foreign investors and joint ventures, which now make up 70% of these companies, attributing this success to comprehensive regulatory reforms. The Vice Minister noted the involvement of Egyptian service companies in Saudi Arabia and called for expanded cross-border cooperation. This includes strengthening supply chains, empowering SMEs, and increasing the sector's impact on job creation and economic development. Al-Mudaifer urged stakeholders to invest in integrated regional mining ecosystems that support collective success. He stressed the role of platforms like the Egypt Mining Forum and the Future Minerals Forum in aligning efforts across governments, investors, innovators, and service providers. In his closing remarks, Al-Mudaifer announced that the fifth annual Future Minerals Forum will be held in Riyadh from January 13 to 15, 2026. He extended an invitation to continue strategic discussions, build partnerships, and realize the mineral potential of resource-rich regions including Africa, Central Asia, and West Asia. Cooperation Opportunities On the sidelines of the forum, Al-Mudaifer held bilateral meetings with ministers, CEOs, and investors. Discussions centered on attracting investment, enhancing capabilities, and developing sustainable mining ecosystems both in Saudi Arabia and the broader region. The Egypt Mining Forum brought together global mining leaders, investors, and government officials, reinforcing its role as a vital platform for dialogue and cooperation in the international mining sector. Related Topics: Mining in Mauritania: A Leading Sector with Promising Horizons Saudi Arabia Showcases Mining Exploration Opportunities to Leading UK Firms Ministry of Industry Launches Women in Mining Non-Profit Organization Short link : Post Views: 18
Arab News
13-03-2025
- Business
- Arab News
Deputy industry minister launches Investor Service Center in Jeddah
RIYADH: Saudi Deputy Minister of Industry and Mineral Resources for Mining Affairs Khalid bin Saleh Al-Mudaifer inaugurated the Investor Service Center at the ministry's branch in Jeddah. Several key figures from the Kingdom's mining sector attended the ceremony. The center will provide a range of support services to investors in the sector, including customer relationship management and ensuring information integration and knowledge sharing with related entities.
