Egypt loses 70% of Suez Canal revenue due to Gaza war – IMF

The ongoing Gaza conflict has severely affected Egypt’s economy, leading to a sharp 70 percent drop in Suez Canal revenues Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said. In an interview with Youm7, Georgieva acknowledged Egypt’s commitment to advancing crucial economic reforms despite the challenges posed by regional instability. Georgieva announced plans […]

Religious Leaders Discuss in Brussels “Living together and disagreeing well”

Fifteen religious leaders from Christian, Jewish, Muslim, Hindu, Buddhist and Mormon communities held on Tuesday in Brussels the European Commission-sponsored annual high-level meeting that was devoted this year to discussing the topic “Living together and disagreeing well.” This inter-religious meeting, the eleventh in the series of meetings launched by the Commission in 2005, is all […]

Israel’s Mehadrin partners with Moroccan agribusiness to produce & export avocados output

Mehadrin, Israel’s largest grower and exporter of citrus fruits and vegetables, has partnered with a Moroccan agribusiness to produce and export avocados, according to Israeli business newspaper Globes which reported the deal. The two parties, which had already collaborated in the past, have set up a joint venture to spearhead this ambitious project. Mehadrin will […]