Capital Drilling Leads Its Global Expertise to Unlock Egypt’s Mineral Treasures

As part of the activities of the Egypt Mining Forum 2025, Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, met with Engineer Khaled Mortagy, Chairman of Capital Drilling, and Mr. Brian Rudd, the company’s CEO, to explore avenues of cooperation and discuss the expansion of the company’s operations in the Egyptian market.

Capital Drilling Opens the Doors to Egypt’s Wealth

This comes amid the significant momentum witnessed in Egypt’s mining sector, driven by recent efforts to create a more attractive investment climate.

During the meeting, the Capital Drilling delegation presented the company’s broad capabilities as one of the leading global providers of integrated mining solutions. These solutions span exploration, drilling, production, transportation, and advanced geochemical analysis.

The delegation expressed a strong interest in expanding within the Egyptian market, noting that Egypt has become a key destination for mining investors thanks to the ongoing legislative and regulatory reforms in the sector.

For his part, Minister Karim Badawi affirmed that the Egyptian state, under the leadership of President Abdel Fattah El-Sisi, places the mining sector at the forefront of its national priorities, as it plays a vital role in achieving Egypt Vision 2030 for sustainable development.

The Minister emphasized that the Ministry of Petroleum and Mineral Resources is working diligently to boost the sector’s competitiveness and investment appeal by applying international standards and systems, thereby transforming Egypt into fertile ground for world-class mining ventures.

He further noted that such meetings represent valuable opportunities to strengthen ties with major international mining companies and expand cooperation to explore Egypt’s untapped mineral wealth, ultimately maximizing the economic returns from these natural resources.

Badawi added that the Egyptian government continues its efforts to provide a flexible and supportive legislative environment for investors, which enhances Egypt’s ability to attract more leading international companies in the mining field.

The Capital Drillingdelegation praised the economic reforms implemented by the Egyptian government in the mining sector, expressing their optimism about its future and their eagerness to participate in sustainable development projects underway in Egypt.

In conclusion, Minister Karim Badawi reiterated the importance of strategic partnerships between Egypt and global firms, stressing that these collaborations will play a pivotal role in driving the sector’s growth. This reflects the state’s serious commitment to advancing economic development and achieving sustainability by utilizing all natural resources through modern and scientific approaches.