Abu Dhabi, UAE – 1 September 2025: – International Resources Holding RSC Ltd. (IRH), a leading mine-to-market platform and subsidiary of 2PointZero, has signed two landmark Memoranda of Understanding with the Egyptian General Petroleum Corporation (EGPC) and the Egyptian Mineral Resources and Mining Industries Authority, reinforcing the UAE–Egypt corridor as a driver of regional energy security and sustainable growth.
The agreements were signed in Abu Dhabi by Ali Rashed AlRashdi, CEO of IRH, alongside Eng. Salah Abd El Kreim, CEO of EGPC, and Mr. Geo. Yasser Ramadan, Chairman of the Mineral Resources Authority. The ceremonies were witnessed 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 structure 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 to build 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 reducing 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 laying the foundations for a modern, transparent exploration framework that will attract responsible investment. Together, these initiatives underscore the UAE–Egypt partnership as a cornerstone of regional cooperation and a catalyst for sustainable economic growth.”
About International Resources Holding (IRH)
International Resources Holding (IRH), a subsidiary of 2PointZero headquartered in Abu Dhabi, UAE, is a global mine-to-market platform strategically investing in minerals critical to the energy transition and technological advancement. IRH’s integrated model spans upstream exploration, midstream processing, and downstream distribution, targeting minerals such as copper, cobalt, nickel, manganese, graphite, rare earth metals, tin, tantalum, and tungsten. IRH emphasizes sustainable, responsible resource development and actively partners with communities and governments worldwide.
For more information, visit www.irh.ae.com
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