deal

In a noteworthy stride towards fortifying economic ties, Qatar and Egypt have unveiled plans to collaborate on a substantial $7.5 billion investment package. This was revealed in a joint communiqué issued by the Egyptian president's office, underscoring a strategic alliance aimed at nurturing Egypt's financial landscape. Why is this significant? Egypt is currently navigating a path fraught with economic challenges, including a burgeoning foreign debt and a budget deficit that looms larger by the day. The…

The Maritime Partnership: Türkiye's Endeavor with Somalia In a world where alliances shape the contours of global power, Türkiye and Somalia have embarked on a captivating journey of cooperation through the ambitious offshore energy partnership initiated in March 2024. This potent alliance heralded the arrival of Türkiye's seismic vessel, now diligently engaged in conducting intricate 3D surveys within Somali waters. A step paramount for nations looking to optimize energy resources, this venture unfolds with layers of…

Kenya's Strategic Shift: From France to China in Infrastructure Development Picture this: a bustling highway carved through the heart of Kenya, propelling commerce and connecting communities. Once a symbol of Franco-Kenyan partnership, it now marks the changing winds of Kenya's international alliances. The Kenyan government recently opted to redirect a significant roadway project from its original French contractor to a Chinese firm. This decision…

The vibrant mural on the wall of the former US embassy in Tehran carries more weight than a mere splash of colors; it symbolizes the Iranian government's perspective on the complex negotiations with the United States. As Iran steps forward into a new round of talks with the United States, aimed at addressing its nuclear program, Foreign Minister Abbas Araghchi expressed, “We are ready to engage with a view to seal a deal.” Yet, as with any entangled discourse, conditions apply. For Iran, it is imperative that US…

The US-Congo Mineral Deal: A New Chapter in International Relations There's an interesting buzz in the air—a buzz tethering on the edges of hope, diplomacy, and commerce. It's about the Democratic Republic of Congo (DRC) and the United States forging a potentially lucrative mineral deal that could reshape not just economic landscapes but geopolitical dynamics. But who is at the helm of these critical negotiations? Meet Massad Boulos, President Donald Trump's newly appointed Senior Advisor for Africa. It's…

The Strategic Leap of Uganda's Refinery Project Nestled in the heart of the Kabaale, Hoima District, Uganda's ambitious refinery project stands as a beacon of transformation. Tasked with refining locally-extracted crude oil, the project symbolizes a bold stride towards energy independence, reducing the nation's reliance on foreign imports. Isn't it interesting how a single project can redefine a country's entire energy landscape? Tapping into…

Edited By Ali Musa Axadle Times International–Monitoring Foreign Minister Abdirahman Dahir Adan recently found himself at the center of a storm he claims was brewed from misinterpretation. In an interview with Israel's KAN media, a query directed at him touched upon former U.S. President Donald Trump's ambitious yet controversial proposal to resettle displaced individuals from Gaza. This is more than just a geopolitical topic; it strikes at the heart of a deeply entrenched international discourse that has sparked much…

Mogadishu (AX) — In a narrative akin to geopolitical chess, discussions between the United States and the semi-autonomous region of North Western State of Somalia are reportedly in motion. The whispers of diplomatic maneuvers trace back to a possibility as bold as it is controversial: the potential U.S. recognition of North Western State of Somalia in exchange for the establishment of a military base in Berbera, a locale of undeniable strategic value perched on the Gulf of Aden. This conjecture was recently…

Imagine being a country with a burgeoning energy sector, only to face a sudden, jolting halt. This has been Egypt's narrative recently, as it navigates a precarious path in securing energy stability. The latest word from reliable corridors is that Egypt is deeply engaged in negotiations with Germany to lease a state-of-the-art liquefied natural gas (LNG) unit. Why now? They forecast a potential surge in demand in the upcoming months. Anticipating needs before they become exigencies is crucial, isn't it?…

In what seems to be an intricate dance of negotiations, the Nigerian National Petroleum Company (NNPC) Limited has recently confirmed that discussions are underway for a fresh naira-for-crude agreement with the Dangote Petroleum Refinery. This comes at a time when many Nigerians are anxiously holding their breath, following murmurs and yet-to-be-silenced rumors about potential hikes in petrol prices. Could these ongoing talks bring relief, or are they merely casting longer shadows of uncertainty over the…