Egypt

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Divestment from lignite postponed for three years

Τhe Greek government plans to cover most of the energy deficit that will arise in the event of interruption of Russian gas flows with the use of lignite and energy savings. Thus, on the lignite front, early lignite divestment has been put on hold and the withdrawal of the lignite units from operation is expected to be delayed for three years.

The Death Toll from Israeli Bombings in the Gaza Strip has risen to 32

The number of victims of Israeli bombings in the Gaza Strip rose to 32, including six children, AFP reported, citing health authorities in the territory controlled by Hamas. More than 200 Palestinians were injured in the bombing.

"Islamic Jihad" retaliated with rocket fire against Israel. More than 400 rockets were fired, most of them were intercepted.

Iran accuses US of provoking Middle East ‘crises’

Tehran on Sunday accused Washington of provoking tensions in the Middle East, a day after US President Joe Biden ended a tour to Iran's rival Saudi Arabia and arch-foe Israel.

Washington "has once again resorted to the failed policy of Iran-phobia, trying to create tensions and crises in the region," Iran's foreign ministry spokesman Nasser Kanani said in a statement.

Suez Canal records highest ever annual revenue of $7 bln

Egypt's Suez Canal Authority announced yesterday an all-time revenue record, earning $7 billion during the last fiscal year following a series of toll hikes for vessels transiting the vital waterway.    

Between July 2021 and June 2022 - Egypt's fiscal year - some 1.32 billion tons of cargo were shipped through the canal, Suez Canal Authority (SCA) chief Osama Rabie said.    

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