El-Sisi reaffirms regional cooperation for US-Iran MoU and Palestinian cause
via Egypt Today3 min read
President Abdel Fattah El-Sisi stated that Egypt will continue to collaborate with Saudi Arabia, Pakistan, T眉rkiye, and other Arab and regional states to support the implementation of the recently agreed US-Iran memorandum of understanding MoU. During a meeting in Cairo on June 21, 2026, with the foreign ministers of Egypt, Pakistan, Saudi Arabia, and T眉rkiye, El-Sisi also emphasized joint regional efforts to achieve a just and comprehensive solution to the Palestinian cause. He described the resolution of the Palestinian cause as essential for sustainable stability in the Middle East. El-Sisi welcomed the US-Iran MoU and stressed the need for ongoing efforts to implement it and advance negotiations towards a comprehensive, sustainable final agreement. He noted that any final agreement must ensure the security of Gulf Cooperation Council states and other Arab countries, taking their concerns into account, including respect for sovereignty, territorial integrity, good-neighborliness, freedom of navigation, and peaceful dispute resolution. The President praised Pakistan's role in bridging differences between the US and Iran. The foreign ministers of Saudi Arabia, Pakistan, and T眉rkiye welcomed their meeting with El-Sisi, affirming Egypt's commitment to regional and international peace. El-Sisi highlighted the importance of the four countries as pillars of regional security and stability and called for developing their consultative mechanism into an effective institutional frame
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Prime Minister Mostafa Madbouly witnessed the signing of a strategic agreement between Midar for Investment and Urban Development and Majid Al Futtaim Holding. This partnership aims to develop a major integrated urban destination in Mada City, New Cairo, with an initial development value exceeding $3.1 billion. The project, covering approximately 553 feddans, will create a mixed-use destination including around 6,000 residential units, business and service facilities, commercial spaces, leisure destinations, and hospitality units. The first phase will develop about 200 feddans over four years, with a second phase developing an additional 300 feddans. Approximately 60 feddans are allocated for retail, leisure, and entertainment. The overall project value is expected to exceed $4 billion upon completion. Ayman El Qousi, Managing Director and CEO of Midar, stated that the project will operate under a revenue-sharing model, with anticipated future returns to Midar exceeding LE 40 billion. Ahmed Galal Ismail, CEO of Majid Al Futtaim Holding, highlighted the partnership as a key step in the company's growth strategy in Egypt, building on its 27-year presence and approximately $2.8 billion investment in the Egyptian market.
Must ReadEgypt has called for further development of the recently signed US-Iran memorandum of understanding and for advancing negotiations towards a final agreement. This comes as American and Iranian negotiators commenced direct talks in Switzerland on Sunday. Egyptian Foreign Minister Badr Abdelatty discussed the US-Iran negotiation track with his Turkish and Pakistani counterparts during quadrilateral talks in Cairo, which also included Saudi Arabia. Abdelatty emphasized the importance of building on the progress made since the MoU's signing to reduce regional tensions and support Middle East security and stability. He also commended Pakistan's role in securing the MoU, describing it as a crucial step towards de-escalation and a sustainable settlement. Pakistani Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar acknowledged Egypt's support in the negotiation process. The US and Iranian negotiators are meeting to finalize details of their interim MoU, signed last week after nearly four months of conflict. This initial accord commits both sides to negotiating a final agreement within 60 days, including a ceasefire across all fronts, such as Lebanon, and the reopening of the Strait of Hormuz. The talks are occurring amidst questions regarding the agreement's implementation, following Iran's announcement of closing the Strait of Hormuz, a claim challenged by the US. The US delegation is led by Vice President JD Vance, while Iran is represented by Parliament Speaker Mohamma
The Egyptian and Turkish air forces have concluded a multi-day joint air force exercise held at several air bases in Egypt. The exercise involved a series of training activities and joint aerial sorties, utilizing some of the latest multi-role fighter aircraft from both air forces. According to the Egyptian military, the exercise demonstrated the high proficiency of the participating forces and facilitated the exchange of training and tactical expertise in planning, execution, and command-and-control procedures. This joint exercise is part of ongoing efforts to strengthen military relations and expand cooperation between the Egyptian Air Force and its counterparts in allied and friendly nations.