Egypt says gas deal with Israel is ‘purely commercial’
NegativeWorld Affairs
- Egypt has announced a natural gas agreement with Israel valued at approximately $35 billion, emphasizing that the deal is purely commercial despite the backdrop of strained relations due to Israel's ongoing military actions in Gaza.
- This gas deal is significant for Egypt as it seeks to bolster its economy amid challenges, particularly in rural areas where poverty persists. The agreement may also reflect Egypt's strategic interests in energy exports and regional partnerships.
- The agreement occurs against a backdrop of a severe humanitarian crisis in Gaza, where the conflict has left many Palestinians in dire conditions. As mediators in the ceasefire, Egypt and Qatar are calling for Israeli troop withdrawals, highlighting the complex interplay between economic agreements and ongoing geopolitical tensions.
— via World Pulse Now AI Editorial System


