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Spirethoughts

Spire's six most recent Spirethoughts.

EU offers more market access to Vietnam
EU offers more market access to Vietnam
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The World Bank’s USD212 million Green loan for Vietnam
Thumbnail_A global digital currency in the works_
A global digital currency in the works

Egyptian-Israeli gas deal to boost bilateral trade

A USD15 billion deal has been announced between Israel and Egypt to export natural gas. Israel’s Delek Group has signed an agreement to supply 64 billion cubic meters of gas in a span of ten years to Egypt’s Dolphinus Holdings.

The deal is considered a milestone ever since the 1979 peace accord, bringing Egypt a step closer to becoming a regional energy hub.

However, the transportation of natural gas from Israel to Egypt is a challenge given the security risks.

Will the Egypt-Israel gas export deal usher in a relationship of bonhomie and economic co-operation?


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