Karim Badawi, Minister of Petroleum and Mineral Resources, met with Vineet Mehra, CEO of International Resources Holding Company (IRH) Global Trading to discuss collaboration in financing and mining.

During the meeting, an agreement was reached to set a timeline for implementing the stages of cooperation in the fields of financing and mining. Moreover, Mehra reviewed proposals and models for cooperation with Egypt in the fields of financing, technical, and technological support in the mining sector.

He emphasized that the company’s cooperation with Egypt is part of a long-term strategy, stating that the company believes in Egypt’s significant potential within the mining sector, particularly in gold and phosphate. He noted IRH’s interest in sharing its expertise and implementing its successful models from other countries.

Badawi described the partnership as a new model of strategic cooperation that integrates sustainable financing with advanced technology to maximize the benefits of mineral resources.

IRH Global Trading is known for analyzing metal market trends, managing financial risks, and handling the logistics of trading and transporting metals.