Lead:
Dr. Hussein Issa, Egypt's Deputy Prime Minister for Economic Affairs, traveled to Abu Dhabi to participate in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2026, held November 2–5 under the patronage of Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates. The conference brought together approximately 40 government ministers and officials alongside global policymakers and energy executives, signaling Egypt's continued engagement in regional energy markets and international petroleum diplomacy.
Details:
ADIPEC 2026 operates as a flagship forum for energy sector dialogue, hosted by the Abu Dhabi National Oil Company (ADNOC) at the ADNOC Abu Dhabi facility. Issa's participation reflects Cairo's priority on energy cooperation within the Gulf Cooperation Council framework and broader Middle Eastern economic partnerships. The conference agenda encompassed high-level discussions, investment activities, and commercial interactions spanning four days.
Egypt has positioned itself as a strategic hub for energy transit and production, particularly following the construction of the New Suez Canal and expansion of liquefied natural gas export infrastructure. Deputy Prime Minister Issa's attendance underscores the government's commitment to maintaining dialogue with Arab petroleum producers and international energy investors, amid global energy market transitions and regional geopolitical dynamics.
The conference occurs as Egypt simultaneously pursues development financing partnerships with multilateral institutions. On the same day in Cairo, Prime Minister Mostafa Madbouli witnessed the signing of a World Bank financing agreement under the Development Policy Financing (DPF) program, channeling resources into resilience-building and economic opportunity initiatives aligned with Egypt's "Vision 2030" development framework.
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