US President Trump may order resumption of military operations this week if diplomacy fails
via Egypt Today1 min read
US President Donald Trump may order a resumption of military operations as early as later this week if the current diplomatic process remains deadlocked, Axios reported, citing senior officials. The report links diplomatic progress directly to preventing further military escalation amid heightened tensions with Iran. Sources indicate a precarious regional situation, with outcomes balancing between a potential breakthrough and a return to open military confrontation. This "open-ended scenario" has put international observers on high alert as the diplomatic resolution deadline nears. President Trump announced "Operation Freedom," a new initiative to secure and guide maritime traffic through the Strait of Hormuz starting Monday, Middle East time. He explained its primary goal is to facilitate smoother transit, noting several nations not involved in the Middle Eastern conflict requested Washington’s assistance for safe passage. The US President stated the United States informed these countries it would provide direct guidance and protection for their ships to resume normal commercial operations. He described the move as being in the best interest of Iran, the broader region, and the United States, emphasizing the operation protects innocent individuals, companies, and nations affected by recent geopolitical tensions impacting global trade. He added the initiative is a humanitarian gesture by the United States and regional partners, suggesting it could reflect goodwill between par
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The Cabinet’s Media Center has released a report detailing Egypt's integrated state strategy to enhance youth awareness of non-banking financial activities and foster an investment culture. This initiative aims to equip a new generation with the skills to navigate modern investment tools, improve living standards, and increase national economic participation through financial inclusion. Educational efforts have expanded significantly since 2022, including three cooperation protocols signed in February 2022 with the ministries of youth, higher education, and education to promote financial literacy. Digital platforms like "I-invest," launched in September 2025 as Egypt's first digital hub for non-banking financial awareness, offer educational videos and daily investment fund price updates. The "Mahfazti" podcast, introduced in November 2025, targets Gen Z with simplified financial advice. A key development in April 2026 was a memorandum of understanding between the Ministry of Education, Hiroshima University, and Japan’s Sprix to integrate financial literacy into Egyptian schools using the Test of Fundamental Academic Skills TOFAS. This partnership will allow second-year secondary students to engage with financial literacy on an AI platform, with passing students registered on the Egyptian Exchange EGX and provided with a 500 EGP funded portfolio. Between 2022 and March 2026, 77,266 individuals benefited from Financial Regulatory Authority FRA awareness programs, including the
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Hashem El-Sayed, Assistant to the Prime Minister and CEO of the State-Owned Enterprises Unit, announced that eight more state-owned companies are being prepared for listing on the Egyptian Exchange. This is part of the government's ongoing IPO program, which initially aimed to offer around 20 companies. To date, 12 companies have already been listed, with an additional 10 companies from the petroleum sector also in preparation for listing. The listed firms include those in chemical industries, metallurgical industries, and construction and development. Prime Minister Mostafa Madbouly reiterated the government's commitment to strengthening private sector participation, with the IPO program being a central part of this strategy. Minister of Planning and Economic Development Ahmed Rostom highlighted Egypt's cooperation plan with the World Bank, focusing on supporting small-scale farmers, generating agricultural employment, and advancing technology, alongside restructuring state-owned enterprises. Osama El-Gohary, Head of the Information and Decision Support Center, reviewed updates to the State Ownership Policy Document, which clarifies the state's future role across sectors and integrates investor feedback. El-Sayed also outlined a new methodology for managing the IPO program, which includes classifying and governing state-owned companies, ensuring readiness for listing, appointing external auditors, and engaging independent advisors for fair valuations. This approach aims to e