Israel, Egypt Sign $35 Billion Gas Deal

The Wall Street JournalThursday, December 18, 2025 at 3:41:00 PM
Israel, Egypt Sign $35 Billion Gas Deal
  • Israel and Egypt have signed a significant $35 billion gas deal, which comes amid heightened tensions due to the ongoing conflict in Gaza. This agreement marks a crucial step in energy cooperation between the two nations despite the prevailing geopolitical challenges.
  • The gas deal is expected to enhance Israel's economic stability and strengthen its position as a key energy supplier in the region. It also reflects Egypt's growing demand for natural gas, which is vital for its energy needs and economic development.
  • This development occurs against a backdrop of fluctuating stock market performance in Israel, with recent trading sessions showing both positive and negative trends. The deal may influence investor sentiment and market dynamics, highlighting the complex interplay between geopolitical events and economic factors in the region.
— via World Pulse Now AI Editorial System

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Israel Approves $37 Billion Deal to Deliver Gas to Egypt
PositiveFinancial Markets
Israel has approved a $37 billion deal to export gas to Egypt, following the granting of an export permit, which is the final step for the agreement first announced by energy companies in August. The gas will be sourced from the Leviathan gas field located in the Mediterranean Sea off Israel's northern coast, which is crucial for Israel's economy as it typically accounts for about 70 percent of electric power generation.

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