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Egypt: Sisi visits India, paves way for greater bilateral cooperationF

Egypt and India announced Thursday a "strategic partnership" to increase trade by billions of dollars and strengthen diplomatic ties, as President Abdel Fattah al-Sisi concluded a visit to New Delhi. Facing a worsening economic crisis, Egypt is scrambling to boost...

Energy: Libya says agreement on major gas development project reached with Italy’s ENIF

Libya's National Oil Corporation said Wednesday it had reached an $8-billion deal with Italian energy giant ENI to develop offshore hydrocarbon sites. "We have reached a deal with ENI to develop the oil and gas sector, by developing two offshore sites which together...

Sahel: French army to withdraw from Burkina FasoF

France said Wednesday it will withdraw its contingent of hundreds of troops stationed in Burkina Faso within a month, after the junta ruling the Sahel country demanded the pullout. The withdrawal will mark the latest scaling down of France's military presence in...

Egypt: Channeling more than 1.4 billion tons of cargo, Suez Canal sees revenues up 77% in 2022F

Egypt's Suez Canal Authority announced Wednesday an all-time annual revenue record, earning $8 billion in transit fees in 2022, as the country balks under a worsening economic crisis. The income from the vital waterway is about 25 percent higher than the $6.3 billion...

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