Cairo:Vice Minister for Mining Affairs at the Ministry of Industry and Mineral Resources, Eng. Khalid Al-Mudaifer, emphasized the Kingdom of Saudi Arabia's advancements in creating a competitive and investment-friendly mining sector during the Egypt Mining Forum 2026.

According to Saudi Press Agency, Al-Mudaifer spoke at a session of the forum's fifth edition, which took place on September 28 and 29. The event was attended by ministers, government officials, company leaders, investors, and experts in the field of mining and minerals.

The session highlighted the transformation of Saudi Arabia's mining sector under the Saudi Vision 2030 objectives. Key developments include the enhancement of the legislative and regulatory framework, improved access to geological data, increased exploration activities, expanded infrastructure, and the introduction of investment enablers and incentives. These initiatives aim to turn Saudi Arabia's geological potential into viable investment opportunities and projects.

Saudi Arabia's participation in the forum is part of its broader strategy to foster regional and international cooperation in the mining sector. This involves exchanging expertise with other mineral-producing countries, exploring opportunities for technical and investment partnerships, and enhancing private-sector participation in various stages of the mining value chain.

Additionally, the Kingdom aims to expand mining cooperation with Egypt. The forum aligns with Saudi Arabia's commitment to expanding international dialogue on the future of the minerals sector through the Future Minerals Forum. The sixth edition of this event will be held in Riyadh from January 12 to 14, 2027, gathering governments, industry leaders, investors, and service and technology providers to build more resilient mineral value chains.