Karim Badawi

Deputy PM Hussein Eissa launched the listing of four state-owned firms on the Egyptian Exchange.

Egypt's mining forum 2026 is scheduled for September, aiming to boost the sector's GDP contribution.

Egyptian Petroleum Minister Karim Badawi attends a hydraulic fracturing job in the Western Desert.

Egypt's petroleum and investment ministers established a joint committee to attract international partnerships and financing for energy projects, targeting strategic sector expansion with $4.5 billion in refining investments amid broader economic development efforts.

Cypriot mining company FMC plans to invest nearly twenty million dollars over two to three years resuming gold and mineral exploration in Egypt's Eastern Desert, supported by government reforms streamlining investment procedures and modernizing the sector.

Egypt's petroleum minister announced the country cleared $6.1 billion in energy debt to foreign oil firms, removing barriers for Western gas expansion in a strategically vital nation holding vast natural gas reserves and controlling critical hydrocarbon transit routes.

Minister Karim Badawi reviews EGAS projects following new natural gas discoveries in Egypt.

Egypt's Prime Minister reviews financial allocations for petroleum supply with ministers.

Egypt's LNG assets support its energy hub prospects with a well-developed gas network and strategic location.

Prime Minister Madbouly toured Beheira's strategic gas projects, reaffirming Egypt's commitment to attracting oil and gas investments and accelerating infrastructure development while meeting with Shell, Petronas, and KUFPEC executives.

Greek Environment Minister Papastavrou addressed the Atlantic Council's Global Energy Forum in Washington, positioning Greece and Cyprus as strategic energy hubs through new interconnection corridors and multilateral partnerships involving the US, Israel, and regional cooperation frameworks.

Egypt eliminated all oil and gas arrears to foreign partners, dropping from $6.1 billion in June 2024 to zero by June 2026, restoring investor confidence and securing over $19 billion in new commitments.

Egypt's petroleum minister met Syria's energy counterpart to explore expanding oil and gas cooperation, including infrastructure rehabilitation through Egyptian companies and technical expertise exchange to support Syria's energy sector recovery.

Egypt's Minister of Petroleum outlines the country's energy vision at the St. Petersburg Forum, focusing on local needs and regional hub role.

Egypt's petroleum minister and Turkey's energy minister discussed expanding bilateral cooperation in energy and mining sectors, including Turkish investments in Egyptian gold exploration and regional collaboration in the eastern Mediterranean.

Egypt's petroleum minister highlighted the country's strategic position as an energy bridge between the Caspian region and Europe, emphasizing natural gas infrastructure and regional cooperation at Baku Energy Week.

Prime Minister Mostafa Madbouly reviews petroleum sector plans with Minister Karim Badawi to secure products and expand production.

ENPPI, ELAB, and PMS are temporarily listed on the Egyptian Exchange ahead of a stake sale.

Egypt's Petroleum Minister Karim Badawi declared improving the nation's global mining investment ranking a strategic priority to boost investor confidence, attract international funding, and strengthen the sector through legislative reforms and upcoming Egypt Mining Forum 2026.

BAPETCO will bring a new Western Desert gas well online this month, producing 15 million cubic feet of gas daily.

Egypt's Minister of Petroleum reviews open-area mining model to boost exploration and investment inflows.

Egypt's crude oil production exceeds 540,000 barrels per day, marking a return to growth after decline.

Egypt's Petroleum Minister Karim Badawi met with UAE officials to expand Emirati investments in Egypt's oil and gas sector, including aviation fuel supply and exploration, emphasizing settled debts, Dragon Oil's achievements, and establishing joint working groups for strategic partnership growth.

Egypt's petroleum minister met with Emirates National Oil Company officials to expand UAE investments in Egypt's oil and gas sector, with plans for joint exploration, production, and aviation fuel supply, leveraging Dragon Oil's successful operations and planned three billion dollar investment.

Egypt's Petroleum Minister inspects Ain Sokhna FSRUs to ensure operational readiness ahead of peak summer consumption.

Prime Minister Mostafa Madbouly discussed investments with foreign partners in Egypt's West Delta Deep Marine oil and gas sector.

Egypt navigates conflicting pressures by publicly condemning Iranian attacks while attempting mediation, risking Gulf ally tensions as Suez Canal revenues fell 38% and economic recovery stalls amid regional war escalation.

Egypt and Kuwait discuss boosting investment in Egypt's oil and gas sector during a meeting between Badawi and Al-Sabah.

Karim Badawi promotes Kuwaiti investment and regional energy ties in Washington.

Karim Badawi appoints Mervat Abou El-Maaty as General Manager of Mining Marketing and Promotion at MRMIA.

Egyptian officials and global mining executives discuss gold investment opportunities amidst legislative reforms.

Karim Badawi pushes for regional integration at the D-8 Organization meeting to enhance economic cooperation among member countries.

Turkey's OZ Mining signed a memorandum with Egypt's mineral authority to explore gold and associated minerals in the Eastern Desert, advancing Egypt's strategy to attract international mining investments and expand sector operations.

Egypt will eliminate $440 million in foreign oil and gas partner arrears by June 10, 2026, ahead of schedule, restoring investor confidence and spurring major exploration investments from Shell, bp, Eni, Chevron, and ExxonMobil across Mediterranean and Western Desert operations.

Egypt's Petroleum Minister inspected the Damietta LNG plant, which processes 5 million tons annually, affirming its readiness to receive and export Cypriot gas through Egypt's regional energy infrastructure hub.

Egypt's petroleum sector records 0.7% growth in Q3 FY2025/2026, its first growth since Q1 FY2023/2024.

Egypt's MRMIA and MovingFert signed an MoU to collaboratively explore and extract phosphate ore in Abu Tartour, advancing Egypt's mineral resource strategy and establishing downstream industries including fertilizers and phosphoric acid production.

The Petroleum Ministry denies online reports of gold mining investment deals in Sudan, calling them false and groundless.

Harbour Energy committed initial six million dollars for Egypt's onshore Desouq concession while Eni renewed its Port Fouad offshore deal, attracting fresh investment and expanding exploration to boost natural gas production.

Egypt's fertilizer plants operated above 90% capacity following stabilized natural gas supplies, with urea exports reaching $9.4 billion in 2025, demonstrating recovery in a strategically vital sector for food security and regional industrial positioning.

Oil tanker traffic through Egypt's Suez Canal surged 28% year-over-year in April, reaching 529 vessels, as Strait of Hormuz closure redirected shipments, generating record monthly revenues of 419 million dollars.

Three international mining executives praised Egypt's regulatory reforms and geological potential, stating the changes in land fees, taxes, and royalties now position Egypt competitively for attracting foreign investment in gold exploration and mineral development.

President El-Sisi reviews Egypt's electricity grid expansion and renewable energy projects with the Minister of Electricity and Renewable Energy.

Greece's Environment and Energy Minister Papastavrou presented at the Global Energy Forum in Washington, emphasizing that Greece and Cyprus serve as strategic energy hubs amid new geopolitical energy structures, while meeting with major international energy officials and discussing LNG partnerships.

Karim Badawi met with US and Greek counterparts to discuss energy cooperation and investment opportunities.

The global energy demand era calls for major change—here’s how countries are pivoting

Egypt's Petroleum Minister Badawi advanced regional energy partnerships at EMGF2026, securing Cyprus gas exports through Egyptian infrastructure by 2028 and emphasizing Egypt's role as a strategic Eastern Mediterranean energy hub facilitating gas processing and LNG exports to international markets.

Egypt and Cyprus set a September deadline to finalize the Aphrodite gas deal with Chevron.

Egypt strengthens energy ties with Azerbaijan at Baku Energy Week through ministerial talks and cooperation agreements.

Egypt will settle its $440 million dues to foreign oil and gas companies by June 10.