
Iranian Foreign Minister Abbas Araqchi announced the full reopening of the Strait of Hormuz to all commercial vessels on Friday. This decision is in accordance with the ceasefire between Lebanon and Israel, which took effect at midnight and will last for a 10-day period. Foreign Minister Araqchi stated that passage through the Strait must follow a pre-arranged and coordinated route announced by the Ports and Maritime Organization of the Islamic Republic of Iran. He also noted that while Iran is committed to keeping the Strait open, new security and transit arrangements may be implemented. The announcement follows U.S. President Donald Trump's statement on Thursday regarding the ceasefire, during which he indicated he had spoken with both the Lebanese President and the Israeli Prime Minister. President Trump has instructed his Vice President and Secretary of State to coordinate with both sides to work towards a permanent resolution and plans to invite the Israeli Prime Minister and the Lebanese President to the White House for direct negotiations.
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This summary was AI-generated from a story originally published by Egypt Today.

Hassan Rashad, Director of the General Intelligence Service, met with Abdul Salam Al-Zoubi, the Libyan Deputy Minister of Defense, to discuss issues of mutual interest. Their discussions focused on maintaining stability in Libya and supporting international efforts to unify and integrate Libyan military forces. Both officials highlighted these steps as essential for a comprehensive political agreement that enhances regional security. They also explored ways to strengthen security cooperation between Egypt and Libya to serve their common interests and address regional security challenges.

Egypt presented its fourth Voluntary National Review VNR on progress toward the 2030 Sustainable Development Goals SDGs at the 2026 High-Level Political Forum on Sustainable Development HLPF in New York. This makes Egypt one of only 10 countries globally to submit four such reports. Minister of Planning and Economic Development Ahmed Rostom presented the report, which was prepared in cooperation with the United Nations Development Programme UNDP. The report reviews Egypt's progress in implementing the 2030 Agenda and outlines the country's priorities for accelerating sustainable development. Rostom highlighted Egypt's commitment to transparency and monitoring SDG progress despite global economic and geopolitical challenges. The review involved a broad consultative process with government entities, UN agencies, development partners, the private sector, parliament, youth, civil society, and academia. The report is structured around four pillars: human development, economic and social development, environment and climate, and governance and partnerships. Key priorities for Egypt include advancing structural transformation, increasing private sector participation, investing in human capital, supporting green transition and climate finance, promoting local development, and strengthening governance and sustainable financing. The 2026 HLPF theme is "Transformative, equitable, innovative and coordinated action for a sustainable future for all," featuring VNRs from 36 countries includ

Egypt's Cabinet has approved a €37 million financing package to modernize the national electricity grid. This includes a €35 million investment grant from the European Union and a €2 million technical cooperation grant from the European Bank for Reconstruction and Development. The project aims to improve grid stability and expand its capacity for wind energy integration, supporting Egypt's 2030 renewable energy strategy. Additionally, the Cabinet approved increasing the authorized capital of the Suez Canal Modern Boats Company from $100 million to $250 million. A draft law was also approved to merge the Egyptian Agricultural Authority into the Agricultural Research Center, with the ARC assuming all responsibilities. This merger is intended to enhance institutional efficiency, unify agricultural research, and improve the performance of government entities under the Ministry of Agriculture and Land Reclamation, aligning with the state's plan to improve public sector performance and citizen services.