CountriesEgyptMiddle EastMineral Directory

Egypt’s ministry, UAE’s International Resources Holding mull cooperation in mining

The Ministry of Petroleum is preparing to launch a new mineral exploration bid across several areas in the Western Desert

Staff Writer, Arab Finance

November 4, 2024

Egypt – Minister of Petroleum and Mineral Resources Karim Badawi has met with Chairman of International Resources Holding (IRH) Ali Al Rashdi, discussing potential collaboration in the mining sector, according to a statement.

The meeting was held on the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2024).

Badawy highlighted Egypt’s recent developments in the mining sector, mentioning the trial launch of the Egypt Mining Portal, a digital investment platform aimed at promoting mining investments and enhancing access to data.

First presented at the Egypt Mining Forum last July, this platform is expected to be fully operational by the end of the year.

Badawi encouraged the UAE-based company to explore Egypt’s investment opportunities, emphasizing the country’s promising mineral resources and skilled workforce.

Additionally, he shared that the Ministry of Petroleum is preparing to launch a new mineral exploration bid across several areas in the Western Desert.

The talks also covered possible collaboration in liquefied natural gas (LNG) trade through LNG facilities in Idku and Damietta to facilitate rapid gas transportation to international markets.

© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Source
https://www.zawya.com/

Minerals Meridian

Minerals Meridian is a premier online portal dedicated to exploring and uncovering the Earth's hidden wealth in the GCC and beyond. Our platform provides valuable insights and information on resource exploration, mining, and sustainable practices. With a focus on responsible resource management and ethical operations, we strive to empower individuals and businesses with knowledge to make informed decisions in the industry. Through cutting-edge technology and a commitment to environmental stewardship, Minerals Meridian aims to be the go-to resource for those seeking to understand, engage, and contribute to the world of resource exploration and mining. Join us as we navigate the depths and unlock the potential of our planet's resources.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button