IRH Strengthens UAE–Egypt Energy and Mining Collaboration with Landmark Agreements
International Resources Holding Signs Strategic MoUs with EGPC and Egypt’s Mineral Authority to Boost Energy and Mining Investment
International Resources Holding RSC Ltd. (IRH), a leading mine-to-market platform and subsidiary of 2PointZero, has signed two landmark Memoranda of Understanding (MoUs) with the Egyptian General Petroleum Corporation (EGPC) and the Egyptian Mineral Resources and Mining Industries Authority.
The agreements reinforce the UAE–Egypt corridor as a key driver of regional energy security and sustainable economic growth.
The MoUs were signed in Abu Dhabi by Ali Rashed AlRashdi, CEO of IRH, alongside Eng. Salah Abd El Kreim, CEO of EGPC, and Geo.
Yasser Ramadan, Chairman of the Mineral Resources Authority. The ceremonies were attended by H.E. Mariam Almheiri, Group CEO of 2PointZero, and H.E. Eng. Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources.
Energy Trade Financing Corridor: The first MoU establishes a new channel for crude oil, LNG, and natural gas trade, leveraging IRH’s access to global capital markets to create competitive financing solutions, reduce transaction costs, and expand regional market access. The framework is designed to evolve into digital and ESG-linked financing models.
Minerals Modernization Program: The second MoU launches a nationwide airborne geophysical survey, building a comprehensive subsurface dataset and digital platform for transparent, investment-ready exploration.
IRH will provide technical expertise and capacity building, directly supporting Egypt Vision 2030 while accelerating exploration timelines and lowering discovery costs.
Ali Rashed AlRashdi, CEO of IRH, said:
“With EGPC, we are creating a first-of-its-kind financing corridor that connects energy trade with innovative capital solutions.
With the Mineral Resources Authority, we are establishing a modern, transparent exploration framework to attract responsible investment.
Together, these initiatives highlight the UAE–Egypt partnership as a cornerstone of regional cooperation and a catalyst for sustainable economic growth.”
