Tel Aviv Signs Largest Gas Deal with an Arab Country!

According ​to the English section of⁢ webangah News Agency, citing reports from Al‍ Masirah via‌ Mehr News Agency, media sources​ indicate that the ​largest gas export contract from the occupied territories has been signed⁢ with Egypt for ‍$35 billion.

The agreement⁢ entails Israel exporting a total of 130 billion cubic meters of⁢ gas to Egypt by 2040.

The first‍ phase is set ⁤to begin next year, with an initial export of 20 billion cubic meters of gas.

Previously, a gas deal between Egypt and Israel was signed​ in 2019 for exports totaling 60 ​billion cubic meters.

Yesterday, Israeli media revealed that normalization Arab countries have ​exported goods worth ⁢$116.4 million to Israel, including $8.16 million in food products.

Israeli sources reported that Egypt leads among Arab exporters of⁣ food products⁢ to Israel with $3.8 million in ​exports.