LONDON: Egypt’s economy has received a major boost since gas from Zohr, the Mediterranean’s largest offshore field, began to be pumped ashore in Port Said city at the end of last year.
Zohr is one of the most positive energy stories to hit the Middle East recently and a boon to Egypt in particular as the development by Italian operator ENI means the country is close to reaching gas self-sufficiency.
Zohr should wipe out the need for Egypt to buy in expensive foreign gas, thereby bolstering its depleted foreign exchange reserves, and could one day make the country a net exporter to countries throughout the region and, perhaps, beyond.
Mohamed Abu Basha, Cairo-based economist at investment bank EFG-Hermes, told Bloomberg: “One of the biggest issues Egypt had over the past years was the big shift in its energy balance from a net exporter to a net importer because of an increase in consumption versus a decline in production.
“With the new gas finds, it’s returning to this balance, if not exporting, then at least there’s no deficit,” he added.
Egyptian Oil Minister Tarek El-Molla has said initial production will be 350 million cubic feet per day, rising to 1 billion cubic feet in June and 2.7 billion by the end of 2019.
Egypt had to give up gas exports in 2014 to meet local demand and because sporadic sabotage on its main pipeline in the Sinai Desert disrupted shipments.
Zohr, with an estimated reserve of about 850 billion cubic meters of natural gas in place, is expected to close the gap between supply and demand, helping to end Egypt’s reliance on imported liquefied natural gas (LNG) next year, Bloomberg reported.
The offshore field is expected to save Egypt some $1 billion annually in gas imports.
Egypt has two LNG plants, which are more or less mothballed, from which to export once production is ramped up.
In a recent statement, BP said: “The development of Zohr in a record time has brought a new critical source of energy to the Egyptian market.”
BP added that two other current major projects in Egypt — Atoll and the second phase of the West Nile Delta project — will bring further new gas resources into production. “Together these projects will play an important role in supporting and reshaping Egypt’s energy sector.”
Russia’s state-owned producer Rosneft PJSC closed a deal in October to acquire 30 percent of the Zohr field. BP has also bought a 10 percent stake.
An International Monetary Fund report on Dec. 20 said Egypt’s reform program was yielding encouraging results.
The IMF said: “The economy is showing welcome signs of stabilization, with GDP growth recovering, inflation moderating, fiscal consolidation remaining on track, and international reserves reaching their highest level since 2011.”
The banking system was said to remain resilient to moderate shocks, but although the outlook was viewed as favorable, the IMF said sustained efforts were still required to “maintain prudent policies and advance structural reforms to support the authorities’ medium-term objective of inclusive growth and job creation.”
Zohr gas field fires up the Egyptian economy
Zohr gas field fires up the Egyptian economy
Putin’s Kremlin planes took away Ukrainian children for adoption, report alleges
Nathaniel Raymond, Executive Director of Yale’s Humanitarian Research Lab, said he was scheduled to present the findings to the UN Security Council on Wednesday
THE HAGUE: Russian presidential aircraft and funds were used in a program that took children from occupied Ukrainian territories, stripped them of Ukrainian identity and placed them with Russian families, according to a report by Yale’s School of Public Health.
The US State Department-backed research, published on Tuesday, identified 314 Ukrainian children taken to Russia in the early months of the war in Ukraine as part of what it says was a systematic, Kremlin-funded program to “Russify” them.
Reuters was unable to confirm the report’s findings independently.
In March 2023, the International Criminal Court issued arrest warrants for Russian President Vladimir Putin and his child rights’ commissioner, Maria Lvova-Belova, for the alleged war crime of deportation of Ukrainian children.
At the time, Lvova-Belova said her commission acted on humanitarian grounds to protect children in an area of military hostilities. Lvova-Belova’s office did not immediately respond to a request for comment. The Kremlin said it could not respond to questions sent on Monday, citing a lack of time.
The new research, reported first by Reuters, offers details of the alleged deportation program and individuals involved, including what its lead researcher said were new links to Putin.
The researcher, Nathaniel Raymond, Executive Director of Yale’s Humanitarian Research Lab, said he was scheduled to present the findings to the UN Security Council on Wednesday. The United States holds the rotating presidency of the 15-member body this month.
Raymond said the research offers evidence that would support additional charges by the ICC against Putin of “forcible transfer” of people from one national and ethnic group to another.
He further said the report proved “the deportation of Ukraine’s children is part of a systematic, Kremlin-led program” to make them citizens of Russia.
Forcible transfer is a crime against humanity under international law. Because they must be widespread and systematic, crimes against humanity are considered more serious than war crimes.
In response to Reuters questions, the ICC office of the prosecutor said the Yale report was useful “in our continued activities in this case.” It declined to provide information about charges or actions that may arise from its Ukraine investigations.
Ukrainian President Volodymyr Zelensky, reacting to the report, said in a statement on X: “Ukraine is tirelessly working to ensure our children return home and that all those responsible for these heinous crimes are punished.”
The country’s prosecutor general said Yale’s report complemented its own investigations into what had happened to the children, describing “a well-planned Kremlin policy with legislative changes, political decisions, and dedicated funding.”
In response to the ICC charges last year, Lvova-Belova said Russia had not moved anyone against their will or that of their parents or legal guardians, whose consent was always sought unless they were missing.
She said children were placed with temporary legal guardians and were not given up for adoption.
Russia, which does not recognize the ICC, has said the court’s warrants are meaningless. Court decisions could nonetheless limit travel by charged individuals because its 124 member states have an obligation to execute warrants.
CHILDREN IDENTIFIED
The research is based on data mined from three Russian government adoption databases over 20 months. Yale’s investigation then mapped out the alleged program’s logistics and funding and confirmed the identities of the 314 children, Raymond said.
The research is part of an initiative led by the State Department under President Joe Biden to document potential violations of international law and crimes against humanity by Russia and Russia-aligned forces in Ukraine.
The US State Department did not immediately respond to a request for comment.
The report said Ukrainian children brought to Russia had been subjected to “pro-state and militarised propaganda,” noting it had documented such “patriotic re-education” at all the facilities where the children were processed.
Reuters has documented the transfer of thousands of children to Russian camps, the forced naturalization of Ukrainians and the involvement of Belarus in the program.
Stephen Rapp, the US ambassador-at-large for war crimes under former president Barack Obama and formerly a prosecutor at the international tribunals for Rwanda and Sierra Leone, reviewed the report and told Reuters that “it proves their direct involvement, making changes to law and practice to allow and accelerate coercive adoptions that would have been illegal under Russia’s own law in February 2022.”
Kyiv estimates around 19,500 children have been taken to Russia or Russian-occupied Crimea since the invasion. Lvova-Belova has challenged Kyiv’s numbers and asked it to provide evidence.
She previously said 380 orphans and children not in the custody of parents were placed with Russian foster families between April and October 2022.
FLIGHTS
Russia began taking Ukrainian children from occupied Ukrainian territories in the days before the invasion in Feb. 2022, according to the report.
Russia’s Aerospace Forces and aircraft under the direct control of Putin’s office transported multiple groups of children from Ukraine on Russian Federation-flagged military transport planes between May and October 2022, the report said.
The report said at least two groups of children flew on aircraft managed by the Presidential Property Management Department within the Presidential Administration in May and October 2022.
Children taken to the Chkalovsky military airfield just outside Moscow on Sept. 16, 2022 had been transported from the occupied Ukrainian territories of Donetsk and Luhansk to the Russian city of Rostov, not far from Ukraine’s border, then flown on a plane with tail number RA-85123, the report said.
The aircraft is a TU-154M operated by the 223rd Flight Squad of the Russian Defense Ministry, it said. Flight tracking data on website Flightradar24.com also confirmed this.
Of the 314 Ukrainian children identified, 166 were placed directly with Russia citizens, the report said. The other 148 were listed in Russia’s child placement databases, with about a third of those now placed with Russian citizens. The remaining children were last known to be located at Russian institutions, the report said.
Macron tours At-Turaif district as Saudi Arabia, France sign major cultural agreements
- Macron and his delegation explored At-Turaif, attended a horse show, and toured the Diriyah Museum
RIYADH: French President Emmanuel Macron visited the historic At-Turaif district in Diriyah on Tuesday during his official trip to Saudi Arabia, Saudi Press Agency reported.
Hosted by Saudi Minister of Culture Prince Badr bin Abdullah bin Farhan, the visit highlighted the district’s historical significance as the birthplace of the Saudi state and its UNESCO World Heritage status.
Macron and his delegation explored At-Turaif, attended a horse show, and toured the Diriyah Museum, SPA added.
The visit also showcased the growing cultural collaboration between Saudi Arabia and France, which reached a milestone with the signing of nine executive programs aimed at advancing cultural heritage, museums, libraries, and cinema.
Among the agreements, Saudi Arabia’s Heritage Commission partnered with French institutions to enhance site management, restoration, and archaeological research.
The Museums Commission also signed agreements to facilitate exhibition exchanges, provide training programs for professionals, and expand expertise in photography.
In the libraries sector, an agreement with the National Library of France will focus on preserving Islamic and Arabic manuscripts while sharing knowledge on their management.
In the field of cinema, Saudi Arabia’s Film Authority entered a partnership with the French National Center for Cinema and Moving Images to support the development of Saudi talent, preserve cinematic heritage, and encourage joint productions.
UN commission warns against placing already struggling Syrians in crossfire again
- Syrian civil war back in spotlight amid largest rebel offensive in years
- ‘Brutality of past years must not be repeated,’ says commission chair
NEW YORK: The Independent International Commission of Inquiry on the Syrian Arab Republic expressed concerns on Tuesday that the renewed flareup of violence in the country will once again place civilians — already enduring years of war, economic collapse, and the brutality of armed groups and security forces — in the crossfire.
The Syrian civil war has been back in the spotlight since last week, when a coalition of opposition forces launched their largest offensive against the government in years.
They quickly swept through villages outside Aleppo and now say they control much of the city, meeting little resistance as the Syrian military quickly withdrew.
The government’s key ally Russia is conducting airstrikes against rebels who are now fighting the Syrian military in the central city of Hama.
There are reports of civilian casualties, displacements of tens of thousands of people, damage to civilian infrastructure, and interruption in essential services and humanitarian aid.
UN spokesman Stephane Dujarric on Monday said: “Syrians have endured the conflict for nearly 14 years. They deserve a political horizon that will deliver a peaceful future — not more bloodshed.”
As hostilities risk spreading across the country, the commission of inquiry urged all parties to the conflict to “strictly” adhere to international law and ensure the protection of civilians.
“We are investigating reported attacks impacting civilian infrastructure in the city of Aleppo, including at least one hospital and a university dorm, as well as reported airstrikes on Idlib city and other densely populated civilian areas,” said Commissioner Hanny Megally.
“Both the airstrikes and the rapid changes in territorial control are causing massive displacement of civilians.”
The commission was established in 2011 by the UN Human Rights Council with a mandate to investigate all alleged violations of international human rights law since the beginning of the war earlier that year.
Paulo Sergio Pinheiro, the commission’s chair, warned that the “brutality of past years must not be repeated,” and stressed that Syria must not veer toward a new cycle of atrocities.
He called on all factions involved to break from past patterns of violence and uphold human rights in line with the Geneva Conventions.
There are reports that the fighting could expand to other areas, with the government and its allies reportedly preparing a counteroffensive.
The commission has said it is closely monitoring the treatment of minorities and prisoners of war as opposition forces advance into government-controlled areas.
Particularly concerning is the situation in northern Aleppo, where the opposition Syrian National Army has taken control of areas with a Kurdish population, the commission said.
“There are some welcome statements by parties indicating that they intend to ensure the protection of the civilian population and their rights, so what is required is that their deeds match their words in the coming days and that humanitarian actors on the ground obtain the access and sufficient resources to alleviate suffering,” said Commissioner Lynn Welchman.
Sean Penn accuses Academy Awards of cowardice at Marrakech Film Festival
- Penn’s remarks dovetail with longstanding criticisms of The Academy of Motion Picture Arts and Sciences for lacking diversity within the ranks of its members and the films that they celebrate with awards
MARRAKECH, Morocco: Sean Penn on Tuesday blasted the organizers of the Oscars for being cowards who, in effect, limit the kinds of films that can be funded and made.
The 64-year-old actor said at the Marrakech Film Festival that he gets excited about the Academy Awards only on the rare occasion that films he values are nominated.
“The producers of the academy have exercised really extraordinary cowardice when it comes to being part of the world of expression and, in fact, have largely been part of limiting the imagination and limiting different cultural expressions,” Penn said at the festival, where he received a career achievement award this week.
“I don’t get very excited about what we’ll call the Academy Awards,” he said, noting exceptions when certain films grace the ceremony, including Sean Baker’s ” The Florida Project,” Walter Salles’ “I’m Still Here” and Jacques Audiard’s ” Emilia Perez. ”
Penn’s remarks dovetail with longstanding criticisms of The Academy of Motion Picture Arts and Sciences for lacking diversity within the ranks of its members and the films that they celebrate with awards.
The institution has in recent years taken steps to reform and rebrand itself, but has faced criticism for not going far enough.
Penn also lauded Iranian-Danish director Ali Abassi and his latest film ” The Apprentice ” about President Donald Trump. It faced difficulty finding an American distributor in the lead-up to the US election in November.
“It’s kind of jaw-dropping how afraid this ‘business of mavericks’ is when they get a great film like that with great, great acting,” he said. “They, too, can be as afraid as a piddly little Republican congressman.”
As part of a career tribute, the Marrakech Film Festival is screening four of Penn’s films this week in Morocco’s tourism capital. Local media in Morocco reported several audience members exiting a screening of “Milk” during a scene that depicted two men in bed. Homosexuality is illegal under Morocco’s penal code, although cases are not frequently prosecuted.
The actor, whose 2023 film ” Superpower ” documents war in Ukraine, also voiced support for President Volodymyr Zelensky and called himself a “patriot in crisis” in response to a question about the American political landscape.
Pakistan PM, Saudi Crown Prince agree to further boost trade and investment ties
- The development comes weeks after Pakistan and Saudi Arabia signed business agreements worth $2.8 billion
- Both leaders express satisfaction over the implementation of the agreements regarding investment in Pakistan
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday met with Saudi Arabia’s Crown Prince Mohammed bin Salman on the sidelines of the One Water Summit in Riyadh, Sharif’s office said, adding the two leaders agreed to further boost bilateral trade and investment ties between the two countries.
This was Sharif’s fifth meeting with the Saudi Crown Prince over the past six months, according to the Pakistan PM’s office. Crown Prince Mohammed said this was the evidence of the “genuine love and affection that connect the peoples of the two countries.”
Sharif last met the Saudi Crown Prince on the sidelines of the Future Investment Initiative in Riyadh in late October, when the two leaders discussed recent agreements, including investments in agriculture, semiconductor manufacturing, and energy, worth $2.8 billion.
“Both leaders agreed that it was now necessary for the two countries to bring about a qualitative change in their economic, trade and investment relationship,” Sharif’s office said in a statement.
“The Crown Prince stressed that it was important to ensure that Pakistan and Saudi Arabia enhance meaningful cooperation that will bring about economic growth and prosperity in Pakistan.”
Pakistani and Saudi businesses signed 27 memorandums of understanding (MoUs) worth $2.2 billion on Oct. 10 during the Saudi investment minister’s visit to Islamabad. On Oct. 30, while Sharif was visiting Riyadh, Saudi Arabia announced it had enhanced the number of business agreements from 27 to 34 and increased their value to $2.8 billion.
Sharif’s office said on Monday that seven out of 34 MoUs signed with Saudi Arabia had been actualized into agreements worth $560 million. In April, the Kingdom also pledged to expedite a $5 billion investment portfolio for Islamabad.
During Tuesday’s meeting in Riyadh, both leaders expressed satisfaction at the pace of progress of the implementation of the agreements regarding investment in Pakistan, according to Sharif’s office. The prime minister reiterated his invitation to Crown Prince Mohammed to visit Pakistan at his earliest convenience.
“The Crown Prince responded that he was looking forward to his visit to Pakistan,” Sharif’s office said.
Pakistan and Saudi Arabia enjoy strong trade, defense and cultural ties. The Kingdom is home to more than two million Pakistani expatriates and serves as the top source of remittances to the cash-strapped South Asian nation.
ONE WATER SUMMIT
Earlier on Tuesday, Sharif called for transfer of technology, financing and international cooperation to ensure sustainable management of water for all as he addressed the One Water Summit in Riyadh.
The summit, a joint initiative of Saudi Arabia, France, Kazakhstan and the World Bank, aimed for high-level political commitments to promote global cooperation and a coherent international approach toward water resource management.
Addressing the summit, Sharif said water was lifeblood of the planet, which transcended political boundaries, connected nations and fostered shared ecosystem, which was why his country attached great importance to transboundary cooperation.
“At the global level, I would submit for your kind consideration a number of steps to overcome water-related challenges. First, we need international cooperation and collaboration to ensure availability, sustainable management of water and sanitation for all,” he told attendees at the summit.
“Second, exchange of knowledge and expertise as well as transfer of technologies on innovative water management must be prioritized. Third, adequate funding for climate-resilient infrastructure and overcoming financing gap remains critical for climate-vulnerable countries.”
He appreciated the Kingdom of Saudi Arabia, France, Kazakhstan and the World Bank for the initiative, saying the world required “strong political will and global leadership to overcome the water crisis.”
“We must also focus on framework for transparency, data-sharing and regional cooperation to avoid conflicts and promote water-sharing,” the Pakistan premier said.
“We must invest in skills development, research and institutional strengthening to tackle water challenges at national and global levels.”
Sharif detailed steps taken by his government to ensure water security and climate-resilience, saying Pakistan was proud of joining this initiative and looked forward to providing all possible support in achieving its goals.
“As leaders, policymakers and custodians of the future, it is our duty to ensure that these rivers, lakes and aquifers that have nourished civilizations for centuries must not be reduced to tales of the past,” he added.
