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US President Donald Trump stated that Iran had informed Washington it was “in a state of collapse” and wanted the Strait of Hormuz reopened as quickly as possible.
In a social media post, Trump said Iran was pressing for the reopening of Hormuz while attempting to stabilize its internal leadership, though he did not specify how this message had been conveyed.
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Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), witnessed the signing of a landmark agreement with Alpha Smart, a company specializing in investment and industrial development, to establish a fully integrated complex of ready-made factories in the Sokhna Industrial Zone.
The project spans 500,000 square meters, divided into two phases of 250,0...
Egypt’s Minister of Industry, Khaled Hashem, met with Japan’s Ambassador to Egypt, Iwai Fumio, to review current Japanese investments, explore potential expansions, and identify new opportunities across the Egyptian market.
The meeting, attended by Assistant Minister for International Cooperation Ahmed Maghawry, underscored the growing strength of bilateral ties, which...
Egypt aims to increase the mining sector’s contribution to its gross domestic product (GDP) to approximately 6% from less than 1% currently, and will launch a comprehensive aerial geophysical survey for minerals in June, the country’s petroleum and mineral resources minister said.
Speaking at the opening of the OECD Critical Minerals Forum in Istanbul, Minister Karim B...
Mohamed Farid, Minister of Investment and Foreign Trade, said Egypt is actively working to enable Czech pension funds to access investment opportunities in the local market, as part of broader efforts to deepen economic cooperation with the Czech Republic.
His remarks came during an expanded meeting with Ivan Jukl, Czech Ambassador to Cairo, and Ondřej Kočí, the embass...