South Korea’s Samsung Heavy Industries (SHI) has signed a landmark $637 million deal to build a floating liquefied natural gas (FLNG) facility for a European client operating in Mozambique, reinforcing Africa’s rising profile in global energy markets. The state-of-the-art Coral Norte FLNG platform, to be constructed offshore, will liquefy, store, and export natural gas directly […]
Israel and the U.S. plan to build on the regional alignment under the Abraham accords in order to counter Iran’s influence, US media reported. The renewed Israel-U.S. cooperation to curb Iran’s influence in the region will be discussed between Israeli Prime Minister Naftali Bennett, who is paying his first visit to Washington, and President Biden. […]
The powerful tourism industry in Egypt is nearing its doom if the imposed travel advice on European citizens by their governments is not removed. In the past few months, Egypt has been marred by violent protests when it was about to revive its lucrative and important tourism industry. Egyptian officials are claiming that the country […]
