TRIPOLI, Libya (AA) – The Libyan Parliament has approved a budget for the government of Prime Minister Fathi Bashagha amid a political rift in the country. “The 89.6 billion Libyan dinars ($20 billion) budget was unanimously approved,” the parliament’s spokesman, Abdullah Blihaq, said in a statement. The government of Bashagha, a former interi...
TEHRAN, Iran (AA) – Iran has received $1.6 billion in arrears from the Iraqi government for imports of natural gas, Oil Minister Javad Owji has announced. In a Twitter post, Owji said the debt from previous years was received “a few hours ago” following “several months of negotiations” between the two sides, credi...
JERUSALEM (AA) – Egypt, Israel, and the EU on Wednesday signed a memorandum of understanding in Cairo to export Israeli gas to Europe. Israeli Energy Minister Karine Elharrar shared a video on her Twitter account of the signing of the trilateral deal. “Today, Egypt and Israel together made commitment to share our natural gas with [...
Beersheba, Israel – (AFP): The European Union wants to strengthen its energy cooperation with Israel in the wake of Russia’s use of gas supplies to “blackmail” its members over the Ukraine conflict, European Commission chief Ursula von der Leyen said Tuesday. Her remarks came as Italian Prime Minister Mario Draghi, also...
ANKARA (AA) – The United Arab Emirates (UAE) is expected to replace the UK as the top global attractor of foreign wealth as Russian and Ukrainian capital seek safe haven from war. Henley and Partners, a London-based investment migration consultancy recently issued a report according to which “a tsunami of private capital has left R...
TEHRAN, Iran (AA) – An Iranian oil tanker seized by Greece has been released, Iran’s Ports and Maritime Organization (PMO) said on Tuesday. “Despite the US attempt to confiscate the Iranian oil cargo on an Iranian-flagged tanker off the Greek coast, a Greek court has overturned an earlier court ruling and now the court has […]
KIGALI, Rwanda (AA) – West African leaders have demanded exemptions from a ban on wheat and fertilizer imports from Russia, whose supply chains were interrupted following its war on Ukraine. Speaking at the 8th edition of the Africa CEO Forum in Ivory Coast’s economic capital Abidjan, Senegal’s President and African Union chairman Macky ...
JERUSALEM (AA) – Israeli Energy Minister Karine Elharrar is on a visit to Egypt to hold talks with top Egyptian officials on the issue of exporting natural gas to Europe, Israeli media reported. The Israeli i24 news channel said Tuesday that Elharrar will meet with Egyptian President Abdel Fattah al-Sisi and other senior officials includ...
ISTANBUL (AA) – The UAE has suspended exports of Indian wheat for four months, the Economy Ministry said on Wednesday. “The decision is applicable to all varieties of Indian wheat (hard, normal and fine) in addition to wheat flour,” the ministry said on Twitter. The state-run Emirates News Agency said the decision was made in […]...
BEIRUT, Lebanon (AA): Lebanese President Michel Aoun said Monday his country rejects Israeli threats amid tensions over a maritime border dispute between Beirut and Tel Aviv. Israel “is acting in contravention of international laws and resolutions, taking advantage of the international community’s silence on its violations of Secur...
