AGP Executive Report
Last update: an hour agoRegional Security: Egypt urged an immediate halt to Houthi attacks on Saudi Arabia and pledged support for the kingdom as the conflict widened, with missile debris injuring residents in Riyadh and Saudi-led strikes hitting oil facilities near Sanaa. Investment and Trade: Egypt signed a deal with China’s Xiamen C&D to develop a dry-bulk terminal at Alexandria’s Al Max Port. A South Korean sportswear factory in West Qantara has doubled its planned investment to $30 million and is expected to create 2,000 jobs. Energy: Chevron and EGAS agreed to invest at least $88 million in exploration at the offshore Lotus block, including two wells. Health: Egypt and Indonesia discussed cooperation on health financing, pooled procurement of medical equipment and cancer care. Heritage: Archaeologists uncovered remains of two colossal statues believed to depict Ramses II at Behbeit El-Hagar in Gharbia.
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